Property and Equipment, Net

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

. Property and Equipment, Net

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

	December 31,
	2025			2024
Lab equipment	$	1,382		$	1,382
Furniture and fixtures		351			351
Computer equipment		89			89
Leasehold improvements		1,001			1,001
Total property and equipment		2,823			2,823
Less accumulated depreciation		(1,844	)		(1,453	)
Property and equipment, net	$	979		$	1,370

Depreciation expense for the years ended December 31, 2025 and 2024 was approximately $0.4 million and $0.5 million, respectively. No impairment losses occurred in 2025 and 2024. The Company had no losses on disposal of fixed assets in 2025 and 2024