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Property and Equipment
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment
NOTE 7. PROPERTY AND EQUIPMENT

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

March 31,December 31,
20222021
Computer equipment$3,652 $3,181 
Technical equipment3,285 3,285 
Facilities3,675 3,675 
Instruments4,901 5,364 
Finance lease equipment240 — 
Capital projects in progress238 683 
Total property and equipment$15,991 $16,188 
Accumulated depreciation(10,883)(10,799)
Property and equipment, net$5,108 $5,389 

Depreciation expense for the three months ended March 31, 2022 and 2021 was $0.5 million and $0.6 million, respectively.

Instruments at cost and accumulated depreciation where the Company is the lessor under operating leases consisted of the following at March 31, 2022 and December 31, 2021 (in thousands):

March 31,December 31,
20222021
Instruments at cost under operating leases$2,884 $3,110 
Accumulated depreciation under operating leases(1,061)(1,165)
Net property and equipment under operating leases$1,823 $1,945