Annual report [Section 13 and 15(d), not S-K Item 405]

Note 8 - Property and Equipment

v3.26.1
Note 8 - Property and Equipment
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

8.           Property and Equipment

 

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

 

   

December 31,

2025

   

December 31,

2024

 

Computer equipment

  $ 151     $ 118  

Furniture and equipment

    128       128  

Leasehold improvements

    16       16  
      295       262  

Less accumulated depreciation

    (150 )     (114 )

Property and equipment, net

  $ 145     $ 148  

 

Depreciation expense was $43,000 and $39,000 for the years ended December 31, 2025 and 2024, respectively. During 2025 and 2024, we disposed of $7,000 and $25,000 of equipment, respectively, all of which was fully depreciated.