Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.19.3
PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 — PROPERTY AND EQUIPMENT

Property and equipment consisted of the following (in thousands):

 

 

September 30, 2019

 

 

December 31, 2018

 

Equipment

 

$

333

 

 

$

306

 

Leasehold improvements

 

 

82

 

 

 

70

 

Furniture and fixtures

 

 

95

 

 

 

79

 

Total property and equipment

 

 

510

 

 

 

455

 

Less: accumulated depreciation

 

 

(347

)

 

 

(303

)

Property and equipment, net

 

$

163

 

 

$

152

 

 

During the three months ended September 30, 2019 and 2018, depreciation expense was approximately $16,000 and $13,000, respectively. During the nine months ended September 30, 2019 and 2018, depreciation expense was approximately $44,000 and $21,000, respectively.