Quarterly report pursuant to Section 13 or 15(d)

Fixed assets, net

v3.23.3
Fixed assets, net
 9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Fixed assets, net

Note 6 – Fixed assets, net

 

Fixed assets, summarized by major category, consist of the following for the years ended:

   

September 30,

2023

    

December 31,

2022

  
Office equipment   $ 171     $ 171  
Computers and software     321       321  
Machinery     1,154       1,049  
Lab and medical equipment     1,489       1,477  
Leasehold improvements     200       200  
Total     3,335       3,218  
Less: accumulated depreciation and amortization     (2,234 )     (1,893 )
Fixed assets, net   $ 1,101     $ 1,325  

 

Depreciation and amortization expense for the three and nine months ended September 30, 2023 was $111 and $341, respectively. Depreciation and amortization expense for the three and nine months ended September 30, 2022 was $128 and $381, respectively. The Company incurred a loss on the impairment of fixed assets in the amount of $10 and $46 for the three and nine months ended September 30, 2022.