Preheat the oven to 400 degrees F and line a baking sheet with parchment paper.
In a large bowl, combine the ground beef, egg, minced garlic, salt, and pepper. Mix until just blended.
In a separate shallow dish, stir together the panko breadcrumbs, Parmesan cheese, parsley, and thyme.
Shape the meat mixture into 16 small meatballs, about 1 inch across. Roll each meatball in the breadcrumb mixture until fully coated.
Place the coated meatballs on the prepared baking sheet and drizzle lightly with olive oil.
Bake for 18 to 20 minutes until the meatballs are cooked through and the crust is golden.
Let the meatballs cool for 5 minutes, then thread two meatballs onto each skewer.