Fortress Biotech, Inc. Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

Fortress’ property and equipment consisted of the following:


	Useful Life		December 31,		December 31,
($ in thousands)	(Years)		2022		2021


Computer equipment		3	$	739	$	739
Furniture and fixtures		5		1,387		1,387
Machinery & equipment		5		8,632		6,550
Leasehold improvements		2-15		13,175		13,175
Buildings		40		581		581
Construction in progress ¹		N/A		952		2,028
Total property and equipment				25,466		24,460
Less: Accumulated depreciation				(12,446)		(9,394)
Property, plant and equipment, net			$	13,020	$	15,066

Note 1: Relates to the Mustang cell processing facility.