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Fixed Assets
12 Months Ended
Dec. 31, 2021
Fixed Assets  
Note Fixed Assets

Note 3: Fixed Assets

 

in $000’s

 

December 31,

 

 

 

2021

 

 

2020

 

Computer equipment

 

$163

 

 

$122

 

Furniture & equipment

 

 

301

 

 

 

280

 

Leasehold improvements

 

 

705

 

 

 

705

 

Total fixed assets, gross

 

 

1,169

 

 

 

1,107

 

Less: Accumulated depreciation

 

 

(456 )

 

 

(312 )

Total fixed assets, net

 

$713

 

 

$795

 

 

Included in leasehold improvements is $488,000 of tenant improvement allowance associated with a lease signed in March 2019 related to the Company’s new corporate headquarters. Depreciation expense on fixed assets for the years ended December 31, 2021 and 2020 totaled $144,000 and $131,000, respectively. No disposals were made during the years ended December 31, 2021 and 2020.