Quarterly report [Sections 13 or 15(d)]

Furniture, Equipment and Leasehold Improvements, Net

v3.26.1
Furniture, Equipment and Leasehold Improvements, Net
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Furniture, Equipment and Leasehold Improvements, Net

5. FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

The following is a summary of furniture, equipment and leasehold improvements, net as of March 31, 2026 and December 31, 2025:

 

March 31,
2026

 

 

December 31,
2025

 

Leasehold improvements

 

$

7,347

 

 

$

6,393

 

Furniture and equipment

 

 

15,924

 

 

 

16,330

 

Artwork

 

 

654

 

 

 

619

 

Total cost

 

 

23,925

 

 

 

23,342

 

Accumulated depreciation and amortization

 

 

(16,223

)

 

 

(15,627

)

Furniture, equipment and leasehold improvements, net

 

$

7,702

 

 

$

7,715

 

 

Depreciation expense for the three months ended March 31, 2026 and 2025 was $596 and $458, respectively.