Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.21.1
Property and Equipment
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment

5. Property and Equipment

 

Property and equipment consist of the following as of December 31:

 

(in thousands)   2020     2019  
Equipment   $ 1,173     $ 1,195  
Furniture and fixtures     112       112  
Leasehold improvements     201       201  
Computer equipment and software     150       148  
Loaned systems     503       585  
      2,139       2,241  
Less accumulated depreciation and amortization     (1,820 )     (1,794 )
Total property and equipment, net   $ 319     $ 447  

 

Depreciation and amortization expense related to property and equipment for each of the years ended December 31, 2020 and 2019 was $0.1 million. Loaned systems are ClearPoint systems that are in operation at customer sites on an evaluation basis.