Note 8 - Property and Equipment, Net

3 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Property, Plant, and Equipment [Text Block]

8. Property and equipment, net (in thousands)

	March 31,			December 31,
	2026			2025
	(unaudited)
Computers and equipment	$	99		$	95
Furniture and fixtures		114			85
Lab equipment		12,451			12,476
Total cost property and equipment		12,664			12,656
Less: accumulated depreciation		(20	)		(15	)
Total Property and equipment, net	$	12,644		$	12,641

Depreciation expense was $4 thousand and $1 thousand for the three months ended March 31, 2026and 2025, respectively. Assets acquired from Scorpius have not yet been placed in service as of March 31, 2026 and thus, no depreciation has been recorded related to those assets.