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PROPERTY AND EQUIPMENT, NET
 9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 5 - PROPERTY AND EQUIPMENT, NET

 

As of September 30, 2025 and December 31, 2024, property and equipment consist of the following (in thousands):

 

   September 30,
2025		   December 31,
2024		 
         
Furniture and equipment  $2,727   $1,349 
Leasehold improvements   3,024    2,479 
Construction in progress   -    1,857 
Molds and other   2,922    523 
Gross property and equipment   8,673    6,208 
Less accumulated depreciation   (3,031)   (2,858)
           
Net Property and equipment  $5,642   $3,350 

 

 

Leasehold improvements relate to the Vivos Institute (a 15,000 square foot facility where we provide advanced post-graduate education and certification to dentists, dental teams, and other healthcare professionals in a live and hands-on setting), the two Company-owned dental centers in Colorado, and the recently acquired SCN. Refer to Note 3, “Business Combination”, for additional disclosures regarding the SCN Acquisition. Total depreciation and amortization expense was $0.4 million and $0.1 million for the three months ended September 30, 2025 and 2024, respectively, and $0.9 million and $0.4 million for the nine months ended September 30, 2025 and 2024, respectively.