Annual report pursuant to Section 13 and 15(d)

Note 5 - Property and Equipment

v3.24.1
Note 5 - Property and Equipment
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Property and equipment
5.
Property and equipment:

December 31, 2023

 

Cost

 

 

Accumulated
depreciation

 

 

Net book value

 

Laboratory equipment

 

$

197

 

 

$

87

 

 

$

110

 

Computer hardware

 

 

29

 

 

 

25

 

 

 

4

 

Computer software

 

 

222

 

 

 

222

 

 

 

0

 

Office furniture

 

 

140

 

 

 

132

 

 

 

8

 

Leasehold improvements

 

 

213

 

 

 

183

 

 

 

30

 

Total

 

$

801

 

 

$

649

 

 

$

152

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

Cost

 

 

Accumulated
depreciation

 

 

Net book value

 

Laboratory equipment

 

$

197

 

 

$

48

 

 

$

149

 

Computer hardware

 

 

198

 

 

 

177

 

 

 

21

 

Computer software

 

 

222

 

 

 

222

 

 

 

 

Office furniture

 

 

140

 

 

 

117

 

 

 

23

 

Leasehold improvements

 

 

184

 

 

 

166

 

 

 

18

 

Total

 

$

941

 

 

$

730

 

 

$

211

 

 

In the year ended December 31, 2022, the company recorded a loss on disposition of fixed assets of $16 thousand, with these assets having had an original cost of $196 thousand and accumulated depreciation of $180 thousand. There was no loss on disposition of fixed assets in the year ended December 31, 2023. In the years ended December 31, 2023 and December 31, 2022, the Company had additions to fixed assets of $29 thousand and $24 thousand, respectively.