v3.25.2
Property and Equipment, Net
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

5. Property and equipment, net

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

 

 

June 30,

 

 

December 31,

 

 

2025

 

 

2024

 

Office equipment

$

465

 

 

$

465

 

Computer equipment

 

202

 

 

 

202

 

Leasehold improvements

 

71

 

 

 

71

 

Construction in progress

 

47

 

 

 

 

 

785

 

 

 

738

 

Less: Accumulated depreciation and amortization

 

(241

)

 

 

(156

)

Property and equipment, net

$

544

 

 

$

582

 

 

Depreciation and amortization expense related to property and equipment, net was less than $0.1 million for the three and six months ended June 30, 2025 and 2024.