Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT (Tables)

v3.25.1
PROPERTY AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
SUMMARY OF PROPERTY AND EQUIPMENT

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

 

 

 

March 31,
2025

 

 

December 31,
2024

 

Computer hardware and software

 

$

13

 

 

$

13

 

Office furniture and equipment

 

 

1,114

 

 

 

1,114

 

Leasehold improvements

 

 

3,331

 

 

 

3,331

 

Property and equipment, gross

 

 

4,458

 

 

 

4,458

 

Less: accumulated depreciation

 

 

(4,154

)

 

 

(4,073

)

Property and equipment, net

 

$

304

 

 

$

385