Property, Plant and Equipment

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 5 - Property, Plant and Equipment

The components of property, plant and equipment are as follows (in thousands):

							Estimated
	June 30, 2022			December 31, 2021			Useful Life
Land	$	352		$	352
Building improvements		1,729			1,729		10-39 years
Machinery		4,705			4,740		3-7 years
Lab equipment		4,440			4,330		3-7 years
Computer equipment		2,130			1,211		3-5 years
Furniture and fixtures		468			468		5 years
		13,824			12,830
Less: accumulated depreciation		(7,572	)		(6,883	)
Total property, plant and equipment, net	$	6,252		$	5,947

Depreciation expense incurred for the three months ended June 30, 2022 and 2021 was $607,000 and $474,000, respectively. Depreciation expense incurred for the six months ended June 30, 2022 and 2021 was $1,098,000 and $900,000, respectively.

ProPhase Labs, Inc. and Subsidiaries

Notes to Condensed Consolidated Financial Statements

(unaudited)