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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
NOTE 7. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following at March 31, 2023 and December 31, 2022 (in thousands):

March 31,December 31,
20232022
Computer equipment$3,553 $3,551 
Technical equipment3,238 3,236 
Facilities3,688 3,663 
Instruments3,812 3,735 
Capital projects in progress60 114 
Total property and equipment$14,351 $14,299 
Accumulated depreciation(11,135)(10,821)
Property and equipment, net$3,216 $3,478 

Depreciation expense for the three months ended March 31, 2023 and 2022 were as follows (in thousands):

Three Months Ended March 31,
20232022
Depreciation expense$355 $460 

Instruments at cost and accumulated depreciation where the Company is the lessor under operating leases consisted of the following at March 31, 2023 and December 31, 2022 (in thousands):

March 31,December 31,
20232022
Instruments at cost under operating leases$2,611 $2,585 
Accumulated depreciation under operating leases(1,338)(1,209)
Net property and equipment under operating leases$1,273 $1,376