PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

6. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following (in thousands): 

	December 31,
	2022			2021
Laboratory equipment	$	210		$	200
Computer equipment		145			132
Furniture and fixtures		85			85
Leasehold improvements		24			24
Software		4			4
Office equipment		4			4
		472			449
Less: Accumulated depreciation and amortization		(314	)		(253	)
	$	158		$	196

Depreciation and amortization expense relating to property and equipment was approximately $77,000 and $67,000 for the years ended December 31, 2022 and 2021, respectively. The Company depreciates computer equipment, laboratory equipment and office equipment on straight-line basis over three years. Furniture and fixtures are depreciated on a straight-line basis over five years. The Company amortizes software on straight-line basis over three years. Leasehold improvements are amortized over the remaining life of the lease.