Annual report pursuant to Section 13 and 15(d)

Fixed Assets

v3.22.4
Fixed Assets
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Fixed Assets

Note 9 — Fixed Assets

 

Fixed assets, less accumulated depreciation, consisted of the following as of:

 

    Estimated Useful Life     December 31, 2022     December 31, 2021  
Computer and office equipment     2-5 years     $ 223     $ 88  
Laboratory equipment     3-7 years       1,526       845  
Furniture and fixtures     3-5 years       131       21  
Leasehold improvements     -(1)     1       1  
Assets under construction     n/a       —       20  
Total Fixed Assets             1,881       975  
Less Accumulated Depreciation             (289 )     (4 )
Total Fixed Assets, net           $ 1,592     $ 971  

 

(1) Lesser of remaining lease term or estimated useful life.

 

Depreciation expense of $287 and $4 for the years ended December 31, 2022 and 2021, respectively, is included in general and administrative expenses in the accompanying consolidated statements of operations.