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


	June 30, 2026			December 31, 2025
	(in thousands)
Laboratory equipment	$	3,511		$	3,511
Furniture and fixtures		68			68
Computer equipment		328			207
Leasehold improvements		118			118
Total property and equipment		4,025			3,904
Less: accumulated depreciation		(3,770	)		(3,663	)
Property and equipment, net	$	255		$	241

Depreciation expense for the three and six months ended June 30, 2026 and 2025 was included in the condensed consolidated statements of operations as follows, and excludes trademark amortization of $3,000 and $6,000 for the three and six months ended June 30, 2026 and 2025, respectively.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(in thousands)				(in thousands)
General and administrative	$	7	$	4	$	11	$	8
Research and development		26		93		96		186
Depreciation total	$	33	$	97	$	107	$	194