Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property and Equipment, Net

Property and Equipment, Net

4. Property and Equipment, Net

Property and equipment, net consists of the following (in thousands):

	December 31,
	2022		2021
Furniture, fixtures and equipment	$	163		222
Laboratory equipment		295		1,040
Computers and telecommunications		194		291
Software		178		148
Leasehold improvements		1,749		1,794
Property and equipment, at cost		2,579		3,495
Less: accumulated depreciation and amortization		(1,498)		(2,047)
Property and equipment, net	$	1,081	$	1,448

Depreciation expense related to property and equipment for the years ended December 31, 2022 and 2021 was $0.5 million and $0.4 million, respectively.