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

NOTE 6 - PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, as of June 30, 2026 and December 31, 2025, consisted of the following (in thousands):

 

   June 30,
2026		   December 31,
2025		 
Technology equipment  $32,459   $310 
Computers, office equipment and furniture   350    260 
Software   801    144 
Construction in progress   133    
–
 
Total property and equipment   33,743    714 
Less: accumulated depreciation   (2,370)   (613)
Total property and equipment, net  $31,373   $101 

 

Total depreciation and amortization expense related to property and equipment for the three and six months ended June 30, 2026 was approximately $1.3 million and $1.4 million, respectively and included in depreciation and amortization in the condensed consolidated statements of operations and comprehensive loss.