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

Note 6: Property and Equipment, net

 

The Company has property and equipment as follows (in thousands):

          
   As of 
   June 30, 2025   December 31, 2024 
Furniture and Equipment  $81   $117 
Computer Equipment   824    817 
Leasehold Improvements   2,200    2,200 
Software   282    250 
Property and Equipment, gross   3,387    3,384 
           
Less Accumulated Depreciation   (1,339)   (1,078)
Foreign Currency Translation Adjustment   (162)   (253)
Property and Equipment, net  $1,886   $2,053 

 

During the six months ended June 30, 2025 and 2024, the Company recorded depreciation expense of $0.3 million and $0.2 million, respectively.

 

During the six months ended June 30, 2025 and 2024, the Company did not incur any impairment charges on its property and equipment.