Property and equipment, net

6 Months Ended

Jun. 30, 2022

Property and equipment, net

Property and equipment, net

6.           Property and equipment, net

Property and equipment are as follows (in thousands):

	As of		As of
	June 30,		December 31,
	2022		2021
Office equipment and furniture		152		152
Laboratory equipment		401		401
Leasehold improvements		979		979
Less accumulated depreciation		(1,458)		(1,347)
Property and equipment, net	$	74	$	185

Depreciation expense was less than $0.1 million for each of the three months ended June 30, 2022 and 2021, respectively, and $0.1 million and $0.5 million for the six months ended June 30, 2022 and 2021, respectively. The Company disposed of certain laboratory equipment during the six months ended June 30, 2021, that were fully depreciated at the time of disposal.