Quarterly report pursuant to Section 13 or 15(d)

Fixed Assets

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

Note 5. Fixed Assets

 

Presented in the table below are the major classes of fixed assets by category:

 

    September 30, 2021     December 31, 2020  
Equipment   $ 2,875     $ 2,212  
Furniture and fixtures     6       -  
Leasehold improvements     240       240  
Fixed assets, gross     3,121       2,452  
Less accumulated depreciation     1,852       1,421  
Fixed assets, net   $ 1,269     $ 1,031  


 

Depreciation expense recognized during the three months ended September 30, 2021 and 2020 was $124 thousand and $142 thousand, respectively, and for the nine months ended September 30, 2021 and 2020, was $437 thousand and $428 thousand, respectively.