Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.22.2.2
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 7: Property and Equipment, Net

 

The Company has property and equipment as follows (in thousands):

           
    June 30, 2022     December 31, 2021  
Furniture and Equipment   $ 199     $ 181  
Computer Equipment     283       173  
Leasehold Improvements     2,130       44  
Software     235       177  
Production Equipment     23       23  
Property and Equipment, Gross     2,870       598  
Less Accumulated Depreciation     (306 )     (149 )
Property and Equipment, Net   $ 2,564     $ 449  

 

During the three months ended June 30, 2022 and 2021, the Company recorded depreciation expense of $0.2 million and $82,688, respectively. During the six months ended June 30, 2022 and 2021, the Company recorded depreciation expense of $0.2 million and $0.1 million, respectively.