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Note 5 - Property and Equipment
 3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

NOTE 5. PROPERTY AND EQUIPMENT 

 

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

 

   

March 31,

   

December 31,

 
   

2025

    

2024

  

Office and laboratory equipment

   $ 20     $ 20  

Furniture and fixtures

     73       157  

Computer equipment and software

     336       389  

Leasehold improvements

     152       152  

Total property and equipment, at cost

     581       718  

Less: Impairment

     (30 )     —  

Less: Accumulated depreciation

     (539 )     (674 )

Total property and equipment, net

   $ 12     $ 44  

 

Depreciation expense was $2 thousand and $12 thousand for the three months ended March 31, 2025 and 2024, respectively.

 

During the three months ended March 31, 2025 the Company disposed of damaged, unusable and fully depreciated property and equipment with a cost of approximately $137 thousand with no comparable adjustments for the three months ended March 31, 2024.

 

Additionally, the Company impaired $30 thousand of its remaining fixed assets due to the uncertainty associated with its operations and its exploration of strategic alternatives.