2025   2024 
   At December 31, 
   2025   2024 
         
Leasehold improvements  $21   $21 
Furniture and Fixtures   38    41 
Motor vehicle   50    34 
Computer equipment and software   37    39 
Total, at cost   146    135 
less accumulated depreciation and amortization   (130)   (134)
Property and equipment, net  $16   $1 

Historical Timeline

Fiscal YearFiled
2025Mar 30, 2026Showing above
2024Mar 26, 2025
2023Mar 26, 2024
2022Mar 30, 2023
2021Mar 30, 2022
2020Mar 29, 2021
2019Mar 23, 2020
2018Mar 19, 2019
2017Mar 13, 2018
2016Mar 13, 2017
2015Mar 17, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.