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

6. Property, Office Facilities, and Equipment, Net

 

Property, office facilities, and equipment consisted of the following as of the periods indicated:

 

   

As of

June 30,
2026

    

As of

December 31,
2025

  
Property   $ 6,815,000     $      6,815,000  
Office facilities     4,725,000       4,544,000  
Equipment     1,584,000       1,481,000  
Total Property, office facilities, and equipment     13,124,000       12,840,000  
Less accumulated depreciation     (3,044,000 )     (2,454,000 )
Total Property, office facilities, and equipment, net   $ 10,080,000     $ 10,386,000  

 

Total depreciation expense for property, office facilities, and equipment was $335,000 and $247,000 for the three months ended June 30, 2026 and 2025, respectively. Total depreciation expense for property, office facilities, and equipment was $644,000 and $489,000 for the six months ended June 30, 2026 and 2025, respectively.