Fortress Biotech, Inc. Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2020

Fortress’ property and equipment consisted of the following:


	Useful Life		June 30,		December 31,
($ in thousands)	(Years)		2020		2019

	(Unaudited)
Computer equipment		3	$	663	$	648
Furniture and fixtures		5		1,199		1,162
Machinery & equipment		5		5,014		4,594
Leasehold improvements		5‑15		10,580		9,358
Construction in progress ¹		N/A		493		1,157
Total property and equipment				17,949		16,919
Less: Accumulated depreciation				(5,589)		(4,486)
Property and equipment, net			$	12,360	$	12,433

Note 1:

Relates to the Mustang cell processing facility.