Annual report pursuant to Section 13 and 15(d) 12-31-2018

Property and Equipment

v3.19.1
Property and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment

3. Property and Equipment

 

The following is a summary of the components of property and equipment (in thousands):

 

    As of December 31,  
    2018     2017  
Manufacturing and lab equipment   $ 234     $ 223  
Leasehold improvements     863       863  
Software and computer equipment     745       745  
Furniture and equipment     635       635  
Long-term assets held for sale     -       1,228  
      2,477       3,694  
Less: accumulated depreciation     (2,353 )     (2,248 )
    $ 124     $ 1,446  

 

Depreciation expense for 2018 was approximately $0.5 million, with $0.1 million from continuing operations and $0.4 million from discontinued operations. Depreciation expense for 2017 was approximately $0.6 million, with $0.1 million from continuing operations and $0.5 million from discontinued operations.