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Property and Equipment, net
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, net

10. Property and Equipment, net

 

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

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Equipment

 

$

311

 

 

$

271

 

Leasehold improvements

 

 

167

 

 

 

167

 

Furniture and fixtures

 

 

134

 

 

 

134

 

Office and computer equipment

 

 

34

 

 

 

34

 

Total property and equipment

 

 

646

 

 

 

606

 

Accumulated depreciation

 

 

(434

)

 

 

(425

)

Property and equipment, net

 

$

212

 

 

$

181

 

 

Depreciation expense was $5,000 and $9,000 for the three and six months ended June 30, 2026. There was no depreciation expense for the three and six months ended June 30, 2025.