DiaMedica Therapeutics, Inc. Annual report pursuant to Section 13 and 15(d)

Note 7 - Property and Equipment

12 Months Ended

Dec. 31, 2019

7.	Property and Equipment

Property and equipment consisted of the following (in thousands):

	December 31, 201 9			December 31, 2018
Furniture and equipment	$	51		$	49
Computer equipment		56			71
		107			120
Less accumulated depreciation		(43	)		(24	)
Property and equipment, net	$	64		$	96

Depreciation expense for the years ended

December 31, 2019

and

2018

was

$21,000

and

$15,000,

respectively. During

2019

and

2018,

we disposed of

$14,000

and

$17,000

of equipment, respectively.