v3.25.3

Property and Equipment, Net (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024	Dec. 31, 2024
Property and equipment, net
Total property and equipment	$ 1,977		$ 1,977		$ 1,977
Accumulated depreciation	(1,728)		(1,728)		(1,502)
Total property and equipment, net	249		249		475
Depreciation	75	$ 77	226	$ 232
Computers and equipment
Property and equipment, net
Total property and equipment	202		202		202
Furniture
Property and equipment, net
Total property and equipment	575		575		575
Leasehold improvements
Property and equipment, net
Total property and equipment	$ 1,200		$ 1,200		$ 1,200

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

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Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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BioXcel Therapeutics, Inc. 10-Q