Property and Equipment, Net

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

7. PROPERTY AND EQUIPMENT, NET

Equipment as of December 31, 2024 and 2023 consisted of the following (in thousands):

	December 31,			December 31,
	2024			2023
Equipment	$	107		$	107
Less: accumulated depreciation		(50	)		(29	)
Equipment, net	$	57		$	78

Depreciation expense for the years ended December 31, 2024 and 2023 was $0.02 million and $0.3 million, respectively.