Annual report [Section 13 and 15(d), not S-K Item 405]

Property and Equipment, Net

v3.26.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment, Net [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following at the dates indicated (amounts in thousands):
December 31,
2025 2024
Computers and equipment $ 784  $ 710 
Furniture and fixtures 1,199  1,190 
Leasehold improvements 1,689  1,689 
Total property and equipment 3,672  3,589 
Accumulated depreciation (2,066) (1,735)
Total property and equipment, net $ 1,606  $ 1,854 
Depreciation expense for property and equipment was approximately $0.4 million for each of the years ended December 31, 2025 and 2024.