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Fixed Assets
12 Months Ended
Dec. 31, 2023
Fixed Assets  
Fixed Assets

Note 3: Fixed Assets

 

in $000’s

 

December 31,

 

 

 

2023

 

 

2022

 

Computer equipment

 

$224

 

 

$203

 

Furniture & equipment

 

 

331

 

 

 

327

 

Leasehold improvements

 

 

705

 

 

 

705

 

Total fixed assets, gross

 

 

1,260

 

 

 

1,235

 

Less: Accumulated depreciation

 

 

(765 )

 

 

(610 )

Total fixed assets, net

 

$495

 

 

$625

 

 

Included in leasehold improvements is $488,000 of tenant improvement allowance associated with a lease signed in March 2019 related to the Company’s corporate headquarters. Depreciation expense on fixed assets for the years ended December 31, 2023 and 2022 totaled $155,000 and $154,000, respectively. No disposals were made during the years ended December 31, 2023 and 2022.