Property and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

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

	December 31,				Estimated Useful Life
	2023		2022
Network equipment and software	$	—	$	1,913	3 to 5 Years
Computer equipment and software	—		$	294	3 to 5 Years
	—		2,207
Accumulated depreciation	—		(2,204)
Property and equipment, net	$	—	$	3

Related depreciation expense was zero and $78,000 for the years ended December 31, 2023 and December 31, 2022, respectively.

During the year ended December 31, 2023, the Company disposed of property and equipment with a cost of $2,207,000 on fixed assets and the corresponding accumulated depreciation of $2,204,000. The loss of $3,000 on disposal was recorded in impairment charges on the accompanying Consolidated Statements of Operations. During the year ended December 31, 2022, the Company recorded impairment charges of $61,000.