Property and Equipment

12 Months Ended

Dec. 31, 2020

Property and Equipment

Property and Equipment

Note 5. Property and Equipment

At December 31, 2020 and 2019, net property and equipment at cost consisted of the following:

	December 31,		December 31,
(In thousands)	2020		2019
Leasehold improvements	$	107	$	107
Equipment and other		770		764
Total property and equipment, at cost	$	877	$	871
Less: Accumulated depreciation and amortization		833		774
Property and equipment, net	$	44	$	97

Depreciation and amortization expense on property and equipment was approximately $0.1 million, $0.1 million, and $0.4 million in 2020, 2019 and 2018, respectively.

No impairment charges were recognized during the years ended December 31, 2020 or 2019. During the year ended December 31, 2018, the Company recorded asset impairments related to its property equipment in the amount of $0.5 million in connection with restructuring activities more fully described in Note 11.