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

Note 3 - Property and Equipment

 

Property and equipment consisted of the following at December 31, 2024 and 2023:

 

      December 31,   December 31, 
(in thousands)  Lives  2024   2023 
Lab equipment  5 years  $817   $806 
Office equipment and furniture  3 - 7 years   438    438 
Less: accumulated depreciation      (891)   (694)
Property and equipment, net     $364   $550 

 

Depreciation expense consisted of the following for the years ended December 31, 2024 and 2023, respectively:

 

   December 31,   December 31, 
(in thousands)  2024   2023 
Research and development  $161   $175 
General and administrative   36    32 
Total depreciation expense  $197   $207