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Property and Equipment, net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
5.
Property and Equipment, net

Property and equipment, net, consists of the following:

 

 

 

December 31,

 

 

December 31,

 

($ in thousands)

 

2024

 

 

2023

 

Office and computer equipment

 

$

15

 

 

$

15

 

 

 

15

 

 

 

15

 

Less: accumulated depreciation

 

 

(15

)

 

 

(13

)

Property and equipment, net

 

$

-

 

 

$

2

 

 

Depreciation expense for the year ended December 31, 2024 was $2.0 thousand and was $2.3 million for the year ended December 31, 2023.