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Property and Equipment (Tables)
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Purchased Property and Equipment

Purchased property and equipment consist of the following (dollars in thousands):

 

 

 

ESTIMATED
USEFUL LIFE

 

December 31,
2021

 

 

March 31,
2022

 

Office equipment

 

5 years

 

$

10

 

 

$

6

 

Office furniture

 

7 years

 

 

126

 

 

 

126

 

Computer equipment

 

3 years

 

 

8

 

 

 

8

 

Leasehold improvements

 

Life of lease

 

 

95

 

 

 

95

 

 

 

 

 

 

239

 

 

 

235

 

Less: Accumulated depreciation

 

 

 

 

(170

)

 

 

(169

)

Property and equipment, net

 

 

 

$

69

 

 

$

66