Property, Equipment and Software, net

9 Months Ended

Sep. 30, 2024

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)	September 30, 2024		December 31, 2023
Furniture and fixtures	5	$	137	$	128
Computer equipment	3	20		20
Leasehold improvements	15	42		36
Capitalized software	3	702		702
Property, equipment and software, gross		901		886
Less: accumulated depreciation and amortization		(492)		(287)
Total property, equipment and software, net		$	409	$	599

The following table summarizes depreciation and amortization expense related to property, equipment and software by line item for the three and nine months ended September 30, 2024 and 2023 (in thousands):

	Three Months Ended  September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Cost of revenue	$	41	$	42	$	125	$	125
General and administrative	26		22		80		60
Total depreciation and amortization	$	67	$	64	$	205	$	185