v3.26.1
Property and Equipment
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):
June 30, 2026December 31, 2025
Gross Assets
Accumulated
Depreciation
TotalGross Assets
Accumulated Depreciation
Total
Furniture, fixtures, and equipment$6,518$(5,282)$1,236$6,358$(5,032)$1,326
Automobiles66(66)66(66)
Leasehold improvements5,142(3,375)1,7675,099(3,066)2,033
Total$11,726$(8,723)$3,003$11,523$(8,164)$3,359
Depreciation expense for property and equipment for both the three and six months ended June 30, 2026 was $0.3 million and $0.6 million compared to $0.3 million and $0.6 million for the same prior year periods, respectively. This expense was recorded in “general and administrative expenses” for each period.