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Fixed Assets
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Fixed Assets

Note 7 — Fixed Assets

 

Fixed assets, less accumulated depreciation, consisted of the following as of:

 

   Estimated Useful Life  December 31, 2024   December 31, 2023 
Computer and office equipment  2-5 years  $269   $252 
Laboratory equipment  3-7 years   1,765    1,702 
Furniture and fixtures  3-5 years   145    146 
Leasehold improvements  -(1)   30    1 
Total Fixed Assets      2,209    2,101 
Less Accumulated Depreciation      (1,147)   (767)
Total Fixed Assets, net     $1,062   $1,334 

 

(1)Lesser of remaining lease term or estimated useful life.

 

Depreciation expense of $479 and $478 for the years ended December 31, 2024 and 2023, respectively, is included in general and administrative expenses in the accompanying consolidated statements of operations.