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

NOTE 7 – PROPERTY AND EQUIPMENT

 

Property and equipment as of June 30, 2026, and December 31, 2025 is summarized as follows:

  

   June 30,   December 31, 
   2026   2025 
Computer equipment  $531   $531 
Furniture and fixtures   109    109 
Testing/Demo equipment   312    312 
Leasehold improvements   84    84 
Total   1,036    1,036 
Less accumulated depreciation   (1,029)   (1,011)
Property and equipment, net  $7   $25 

 

As of June 30, 2026, the Company evaluated whether any events or changes in circumstances indicated that the carrying amounts of its property and equipment may not be recoverable. Based on this assessment, no impairment indicators were identified and no impairment charges were recorded during the three and six months ended June 30, 2026 or 2025.

 

Depreciation expense was $5 and $18 for the three and six months ended June 30, 2026, respectively, and $15 and $33 for the three and six months ended June 30, 2025, respectively.