Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.23.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
The Company has property and equipment as follows (in thousands):
As of December 31,
2022 2021
Furniture and Equipment $ 224  $ 181 
Computer Equipment 315  173 
Leasehold Improvements 2,273  44 
Software 263  177 
Production Equipment 23  23 
Property and Equipment, Gross 3,098  598 
Less Accumulated Depreciation (530) (149)
Foreign Currency Translation Adjustment (168) – 
Property and Equipment, Net $ 2,400  $ 449 
During the years ended December 31, 2022 and December 31, 2021, the Company recorded depreciation expense of $0.4 million and $0.6 million, respectively.