Property and Equipment

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

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


	March 31, 2026						December 31, 2025
	Gross Assets		Accumulated Depreciation		Total		Gross Assets		Accumulated Depreciation		Total
Furniture, fixtures, and equipment	$	6,440	$	(5,131)	$	1,309	$	6,358	$	(5,032)	$	1,326
Automobiles	66		(66)		—		66		(66)		—
Leasehold improvements	5,129		(3,221)		1,908		5,099		(3,066)		2,033

Total	$	11,635	$	(8,418)	$	3,217	$	11,523	$	(8,164)	$	3,359

Depreciation expense for property and equipment for both the three months ended March 31, 2026 and 2025 was $0.3 million. This expense was recorded in “general and administrative expenses” for each period.