Annual report [Section 13 and 15(d), not S-K Item 405]

Property and Equipment

v3.25.0.1
Property and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):
December 31, 2024 December 31, 2023
Gross Assets Accumulated
Depreciation		 Total Gross Assets Accumulated
Depreciation		 Total
Furniture, fixtures, and equipment $ 6,180  $ (4,588) $ 1,592  $ 6,611  $ (3,909) $ 2,702 
Automobiles 87  (87) —  87  (87) — 
Leasehold improvements 4,911  (2,473) 2,438  3,570  (1,951) 1,619 
Total $ 11,178  $ (7,148) $ 4,030  $ 10,268  $ (5,947) $ 4,321 
Depreciation expense for property and equipment for each of the years ended December 31, 2024 and 2023 was $1.3 million and $1.1 million, respectively. This expense was recorded in “general and administrative expenses” for each period.