Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

4. Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

	December 31,
	2022			2021
Leasehold improvements	$	1,636		$	1,636
Manufacturing equipment		1,338			1,338
Computer software and equipment		437			507
Office furniture and equipment		209			425
		3,620			3,906
Less: Accumulated depreciation and amortization		(3,252	)		(2,880	)
	$	368		$	1,026

Property and equipment decreases during the year ended December 31, 2022 were primarily related to impairments due to our strategic restructuring announced in May 2022. Property and equipment increases during the year ended December 31, 2021 primarily related to office furniture and equipment and construction-in-progress related to the expansion of Company’s leased office space (see Note 5). Depreciation and amortization expense related to property and equipment was $0.7 million and $0.6 million for the years ended December 31, 2022 and 2021, respectively.