Quarterly report [Sections 13 or 15(d)]

Property and Equipment, Net

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Property and Equipment, Net
9 Months Ended
Sep. 30, 2025
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET
D. PROPERTY AND EQUIPMENT, NET:

 

Property and equipment, net consists of the following:

 

    September 30,
2025
    December 31,
2024
 
Leasehold improvements   $ 364     $ 6  
Office furniture and equipment     502       660  
Software     3,275       2,967  
Transportation equipment     62       62  
      4,203       3,695  
Accumulated depreciation     (2,251 )     (1,994 )
    $ 1,952     $ 1,701  

 

The Company recorded depreciation expense of $166 and $131 for the three months ended September 30, 2025 and 2024, respectively. The Company recorded depreciation expense of $451 and $302 for the nine months ended September 30, 2025 and 2024, respectively. During the three months ended September 30, 2025, the Company wrote off fully depreciated assets totaling $192.