Quarterly report [Sections 13 or 15(d)]

Property and Equipment, Net (Tables)

v3.25.1
Property and Equipment, Net (Tables)
 3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment consist of the following ($ in thousands):

  

    Useful Life     March 31,     December 31,  
    (Years)     2025     2024  
Machinery and equipment   3 - 10     $ 2,118     $ 2,118  
Office furniture and equipment   3 - 10       187       187  
Leasehold improvements   6       419       419  
Construction in progress   N/A       532       532  
Property and equipment, gross            3,256       3,256  
Less: accumulated depreciation and amortization           (1,127 )     (1,045 )
Property and equipment, net         $ 2,129     $ 2,211