Property and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

5. Property and Equipment, Net

Property and equipment consisted of the following as of December 31, 2022 and 2021 (in thousands):

	December 31,
	2022			2021
Computers & equipment	$	77		$	77
Furniture		118			118
Leasehold improvements		55			48
Construction in progress		689			689
Property and equipment, gross		939			932
Less: Accumulated depreciation		(167	)		(127	)
Property and equipment, net	$	772		$	805

Depreciation expense for each of the years ended December 31, 2022, 2021, and 2020 was $40 thousand, $39 thousand, and $40 thousand, respectively.