v3.26.3
Note 6 - Property and Equipment, Net
9 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

 

Note 6—Property and Equipment, Net:

 

Property and equipment, net consisted of the following (in thousands):

 

 

 

September 30, 2026

 

 

December 31, 2025

 

Leasehold improvements

 

$1,696

 

 

$2,549

 

Computer equipment

 

 

406

 

 

 

761

 

Furniture and fixtures

 

 

910

 

 

 

1,475

 

Total property and equipment

 

 

3,012

 

 

 

4,785

 

Less: accumulated depreciation

 

 

(2,928)

 

 

(4,598)

Property and equipment, net

 

$84

 

 

$187

 

 

The Company recorded nominal depreciation expense for the three months ended  September 30, 2026, compared to $0.1 million for the three months ended  September 30, 2025. For the nine months ended  September 30, 2026 and 2025, depreciation expense was $0.1 million and $0.3 million, respectively.