v3.26.1
Property and equipment, net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and equipment, net

8. Property and equipment, net

 

Property and equipment consist of the following:

  

  

December 31,

2025

  

December 31,

2024

 
Leasehold improvements  $10,905   $- 
Equipment   286,482    951,558 
Property and equipment, gross   297,387    951,558 
Less: Accumulated depreciation   (183,333)   (647,608)
Property and equipment, net  $114,054   $303,950 

 

The Company recognized depreciation expense for property and equipment of $0.2 million and $0.7 million for the years ended December 31, 2025 and 2024, respectively.

 

In connection with the disposal of FaZe Media, Inc. on April 1, 2025 (see Note 4), the Company disposed of property and equipment, net with carrying value of $0.1 million, $0.8 million original cost with $0.7 million of accumulated depreciation.