Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.21.2
Property and Equipment
 9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

 

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

 

   

September 30,

2021

    

December 31,

2020

  
Manufacturing and lab equipment   $ 4,008     $ 558  
Leasehold improvements     936       941  
Software and computer equipment     696       684  
Furniture and equipment     82       82  
      5,722       2,265  
Less: accumulated depreciation     (1,908 )     (1,794 )
    $ 3,814     $ 471  

 

Depreciation expense for the nine months ended September 30, 2021, was approximately $0.1  million. Depreciation expense for the year ended December 31, 2020, was approximately $0.1 million.

 

Of the $4.0 million in manufacturing and lab equipment listed as of September 30, 2021, $2.7 million is related to the purchase of equipment for SINTX Armor. The equipment was being transported to the SINTX Armor facility in Salt Lake City and was not in service as of September 30, 2021 (see Note 14).