Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.20.1
Property and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and EquipmentProperty and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets, generally ranging from three to seven years. Leasehold improvements are amortized over the shorter of their useful lives or the remaining terms of the related leases. The estimated useful lives of property and equipment consist of the following:
Life (years) December 31,
2019
December 31,
2018
Equipment
3-5
$ 907    $ 907   
Furniture and fixtures 7 32    32   
Leasehold improvements
5 or remaining lease term
258    241   
Total property and equipment $ 1,197    $ 1,180   
Accumulated depreciation (1,173)   (1,114)  
Total property and equipment, net $ 24    $ 66   
Total depreciation expense was $59 and $62 for the years ended December 31, 2019 and 2018, respectively.