PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

	December 31,
	2022		2021
Cost:
Leasehold improvements	$	—	$	59
Computers and software	—		374
Laboratory equipment	—		53
Furniture	—		419
	—		905
Less:
Accumulated depreciation and amortization	—		551
Property and Equipment, net	$	—	$	354

Depreciation and amortization expense totaled $0.1 million and $0.1 million for the years ended December 31, 2022 and 2021, respectively.

During the years ended December 31, 2022 and December 31, 2021, the Company disposed of fixed assets in the net amount of $0.3 million and $0.1 million, respectively. Loss on disposal of fixed assets during the year ended December 31, 2022 relates to the write-off of laboratory and leasehold improvements due to a reduction in office space in Israel and the US and is reflected in operating expenses in the Consolidated Statements of Operations.