Property and Equipment

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

4. Property and Equipment

The components of property and equipment as of December 31, 2015 and 2014, at cost are ($ in thousands):

	As of December 31,
	2015			2014
Computers	$	12		$	10
Office furniture and equipment		97			97
Leasehold improvements		229			229
Total cost		338			336
Accumulated depreciation and amortization		(333	)		(332	)
Property and equipment, net	$	5		$	4

The Company’s depreciation expense for the years ended December 31, 2015 and 2014 was $1,089 and $402, respectively.