Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.24.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Property and equipment, net, as of December 31, 2023 and 2022 were as follows (in thousands):

 

 

 

 

December 31,

 

 

Useful Lives

 

2023

 

 

2022

 

Office furniture and IT equipment

 

3 - 5 years

 

$

1,393

 

 

$

1,392

 

Machinery and equipment

 

7 years

 

 

37

 

 

 

 

 

 

 

 

1,430

 

 

 

1,392

 

Less: accumulated depreciation

 

 

 

 

(1,051

)

 

 

(817

)

 

 

 

$

379

 

 

$

575