Quarterly report pursuant to Section 13 or 15(d)

Leasehold Improvements and Equipment

v3.21.2
Leasehold Improvements and Equipment
 9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Leasehold Improvements and Equipment

Note 6 – Leasehold Improvements and Equipment

 

Leasehold improvements and equipment, summarized by major category, consist of the following as of September 30, 2021 and December 31, 2020:

 

    September 30, 2021     December 31, 2020  
Equipment   $ 1,610     $ 1,443  
Leasehold improvements     935       878  
Total     2,545       2,321  
Less: accumulated depreciation and amortization     976       797  
Leasehold improvements and equipment, net   $ 1,569     $ 1,524  

 

Depreciation and amortization expense for the three and nine months ended September 30, 2021 was approximately $62 thousand and $179 thousand, respectively, and for the three and nine months ended September 30, 2020 was approximately $58 thousand and $173 thousand, respectively. During the three and nine months ended September 30, 2021 the Company purchased equipment and leasehold improvements of approximately $224 thousand. During the three and nine months ended September 30, 2020 the Company purchased equipment of approximately $0 and $6 thousand, respectively.