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Property and Equipment, Net
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

4. PROPERTY AND EQUIPMENT, NET

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

 

 

 

March 31,
2024

 

 

December 31,
2023

 

Machinery and equipment

 

$

427

 

 

$

379

 

Furniture and fixtures

 

 

370

 

 

 

370

 

Software

 

 

126

 

 

 

126

 

Leasehold improvements

 

 

3,924

 

 

 

3,922

 

Less accumulated depreciation and amortization

 

 

(1,522

)

 

 

(1,283

)

Property and equipment, net

 

$

3,325

 

 

$

3,514

 

 

Depreciation and amortization expense was $0.2 million for the three months ended March 31, 2024 and 2023.