Quarterly report pursuant to Section 13 or 15(d)

Fixed assets

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

Note 5 - Fixed assets

 

Fixed assets consist of the following (in thousands):

 Schedule of Fixed Assets

    Estimated Useful Life   September 30, 2023     December 31, 2022  
Equipment   2 - 5 years   $ 11     $ 7  
Furniture and fixtures   2 - 5 years     221       221  
Computer software, including website development   2 - 3 years     187       187  
Computer equipment   1 - 2 years     109       129  
Total fixed assets         528       544  
Accumulated depreciation         (270 )     (169 )
Fixed assets, net       $ 258     $ 375  

 

Depreciation expense was $0.04 million for the three months ended September 30, 2023 and September 30, 2022. Depreciation expense was $0.12 million for the nine months ended September 30, 2023 and September 30, 2022, respectively.