Property and Equipment, Net

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

4. Property and Equipment, Net

Property and equipment, net are as follows (in thousands):


	March 31, 2026			December 31, 2025
Property and equipment	$	80		$	14
Subtotal		80			14
Less accumulated depreciation		(3	)		(2	)
Property and equipment, net	$	77		$	12

Depreciation is computed on a straight-line basis over the estimated useful lives of the assets. The useful life for furniture and equipment is seven years.

Depreciation expense for the three months ended March 31, 2026,was approximately $1,000.