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Property and Equipment, net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
3.
Property and Equipment, net

Property and equipment, net, consists of the following:

 

 

 

December 31,

 

 

December 31,

 

($ in thousands)

 

2025

 

 

2024

 

Office and computer equipment

 

$

-

 

 

$

15

 

Laboratory equipment

 

 

98

 

 

 

-

 

 

 

98

 

 

 

15

 

Less: accumulated depreciation

 

 

(7

)

 

 

(15

)

Property and equipment, net

 

$

91

 

 

$

-

 

 

Depreciation expense for the year ended December 31, 2025 and 2024 was $7 and was $2, respectively.