Quarterly report pursuant to Section 13 or 15(d)

Furniture, Equipment and Leasehold Improvements, Net

v3.24.1.u1
Furniture, Equipment and Leasehold Improvements, Net
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Furniture, Equipment and Leasehold Improvements, Net

6. FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

The following is a summary of furniture, equipment and leasehold improvements, net as of March 31, 2024 and December 31, 2023:

 

March 31,
2024

 

 

December 31,
2023

 

Leasehold improvements

 

$

9,439

 

 

$

9,439

 

Furniture and equipment

 

 

11,999

 

 

 

11,397

 

Artwork

 

 

619

 

 

 

619

 

Total cost

 

 

22,057

 

 

 

21,455

 

Accumulated depreciation and amortization

 

 

(14,447

)

 

 

(14,033

)

Furniture, equipment and leasehold improvements, net

 

$

7,610

 

 

$

7,422

 

 

Depreciation expense for the three months ended March 31, 2024 and 2023 was $414 and $300, respectively.