v3.26.1
Property and Equipment
 6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3. Property and Equipment

Property and equipment consist of the following as of the respective period ends:

 

 

June 30,

 

 

December 31,

 

($ in thousands)

 

2026

 

 

2025

 

Leasehold improvements

 

$

5,932

 

 

$

5,963

 

Rooftop solar panel systems

 

 

4,904

 

 

 

4,935

 

Properties held for use

 

 

4,442

 

 

 

4,389

 

Land

 

 

1,239

 

 

 

1,239

 

Office equipment and furniture

 

 

1,153

 

 

 

1,284

 

Software systems

 

 

338

 

 

 

386

 

Computers and equipment

 

 

224

 

 

 

224

 

Property and equipment, gross

 

 

18,232

 

 

 

18,420

 

Less: accumulated depreciation

 

 

(4,158

)

 

 

(3,747

)

Property and equipment, net

 

$

14,074

 

 

$

14,673

 

Depreciation expense was $0.3 million during each of the three months ended June 30, 2026 and 2025, and $0.6 million and $0.5 million during the six months ended June 30, 2026 and 2025, respectively.