v3.25.1
Property and Equipment
 12 Months Ended
Dec. 31, 2024
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 6 – PROPERTY AND EQUIPMENT

 

Property and equipment, net consists of the following:

 

   December 31, 
(in thousands)  2024   2023 
         
Cost:          
Laboratory equipment  $2,094   $2,387 
Computers   462    342 
Office furniture & equipment   124    249 
Leasehold improvements   947    1,431 
Total cost   3,627    4,409 
Accumulated depreciation:          
Laboratory equipment   1,969    1,887 
Computers   328    264 
Office furniture & equipment   40    41 
Leasehold improvements   665    678 
Total accumulated depreciation   3,002    2,870 
Depreciated cost  $625   $1,539 

 

For the years ended December 31, 2024, 2023 and 2022, depreciation expenses were $545 thousand, $835 thousand and $777 thousand, respectively.