Property and Equipment , net

3 Months Ended

Mar. 31, 2026

6. Property and equipment, net

Property and equipment, net consists of the following:


	March 31,			December 31,
	2026			2025
	($'000)			($'000)
Leasehold improvements	$	749		$	764
Office equipment		195			210
IT equipment		125			248
Property and equipment, at cost		1,069			1,222
Less: accumulated depreciation		(978	)		(1,085	)
Property and equipment, net	$	91		$	137

Depreciation expense was less than $0.1 million for both the three months ended March 31, 2026 and 2025.