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

Note 8 - Property and Equipment

v3.25.1
Note 8 - Property and Equipment
12 Months Ended
Dec. 31, 2024
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, 2024

   

December 31, 2023

 

Furniture and equipment

  $ 128     $ 128  

Computer equipment

    118       87  

Leasehold Improvements

    16       16  
      262       231  

Less accumulated depreciation

    (114 )     (100 )

Property and equipment, net

  $ 148     $ 131  

 

Depreciation expense was $39,000 and $30,000 for the years ended December 31, 2024 and 2023, respectively. During 2024 and 2023, we disposed of $25,000 and $10,000 of equipment, respectively, all of which was fully depreciated.