Property, Equipment and Software, net

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Property, Equipment and Software, net

Note 10 — Property, Equipment and Software, net

Property, equipment and software, net consists of the following (in thousands):

	Useful Life (Years)	March 31, 2025		December 31, 2024
Furniture and fixtures	5	$	138	$	138
Computer equipment	3	20		20
Leasehold improvements	15	58		43
Capitalized software	3	702		702
Property, equipment and software, gross		918		903
Less: accumulated depreciation and amortization		(630)		(562)
Total property, equipment and software, net		$	288	$	341

The following table summarizes depreciation and amortization expense related to property, equipment and software by line item for the three months ended March 31, 2025 and 2024 (in thousands):

	Three Months Ended March 31,
	2025		2024
Cost of revenue	$	42	$	42
General and administrative	26		29
Total depreciation and amortization	$	68	$	71