Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.22.1
Property and Equipment, net
 12 Months Ended
Dec. 31, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment, net

Note 5 Property and Equipment, net

Property and equipment consist of the following:

 

(in thousands)

 

December 31,
2021

 

 

December 31,
2020

 

Machinery and equipment

 

$

6,091

 

 

$

4,761

 

Leasehold improvements

 

 

2,262

 

 

 

2,190

 

Computer equipment

 

 

1,764

 

 

 

1,109

 

Furniture and fixtures

 

 

367

 

 

 

345

 

Computer software

 

 

250

 

 

 

246

 

Construction in process

 

 

1,741

 

 

 

36

 

Property and equipment, gross

 

 

12,475

 

 

 

8,687

 

Less: Accumulated depreciation

 

 

(6,126

)

 

 

(4,406

)

Property and equipment, net

 

$

6,349

 

 

$

4,281

 

 

Depreciation expense for property and equipment was $1.7 million and $1.8 million for the years ended December 31, 2021 and 2020, respectively. Disposal of property and equipment amounted to zero and $0.1 million for the years ended December 31, 2021 and 2020, respectively.