General form of registration statement for all companies including face-amount certificate companies

Fixed assets

v3.24.2
Fixed assets
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Property, Plant and Equipment [Abstract]    
Fixed assets

Note 5 - Fixed assets

 

Fixed assets consist of the following (in thousands):

  

    Estimated Useful Life   March 31, 2024     December 31, 2023  
Equipment   2 - 5 years   $ 18     $ 18  
Furniture and fixtures   2 - 5 years     221       221  
Computer software, including website development   2 - 3 years     187       187  
Computer equipment   1 - 2 years     111       108  
Total fixed assets         537       534  
Accumulated depreciation         (339 )     (304 )
Fixed assets, net       $ 198     $ 230  

 

Depreciation expense was $0.04 million for the three months ended March 31, 2024 and March 31, 2023.

 

 

Note 5 - Fixed assets

 

Fixed assets consist of the following (in thousands):

 

    Estimated Useful Life   December 31, 2023     December 31, 2022  
Equipment   2 - 5 years   $ 18     $ 7  
Furniture and fixtures   2 - 5 years     221       221  
Computer software, including website development   2 - 3 years     187       187  
Computer equipment   1 - 2 years     108       129  
Total fixed assets         534       544  
Accumulated depreciation         (304 )     (169 )
Fixed assets, net       $ 230     $ 375  

 

Depreciation expense was $0.2 million for the years ended December 31, 2023 and 2022, respectively.