v3.26.1
Property and Equipment, Net
3 Months Ended
Mar. 31, 2026
Property and Equipment, Net  
Property and Equipment, Net

6. Property and Equipment, Net

Property and equipment, net consisted of the following:

  ​ ​ ​

March 31, 

  ​ ​ ​

December 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Computer

$

106,342

$

110,949

Furniture and fixtures

 

65,625

 

66,429

Leasehold improvements

 

35,815

 

36,098

Laboratory instruments

 

 

45,205

Total property and equipment

207,782

258,681

Less: accumulated depreciation

 

(153,347)

 

(183,765)

Property and equipment, net

$

54,435

$

74,916

During the three months ended March 31, 2026, the Company disposed of laboratory equipment with a remaining net book value of $12 thousand. No disposals or impairments occurred during the three months ended March 31, 2025. Depreciation has been calculated based on the assets’ estimated economic lives by taking into consideration the use, purpose and financial-technical duration of the assets. Depreciation expense for the three months ended March 31, 2026 and 2025 was $9 thousand.