Property and Equipment, net

3 Months Ended

Mar. 31, 2024

Note 5. Property and Equipment, net

Property and equipment consist of the following:


(in thousands)	March 31, 2024			December 31, 2023
Machinery and equipment	$	12,084		$	11,249
Leasehold improvements		12,478			12,613
Computer equipment		3,490			3,481
Furniture and fixtures		447			438
Computer software		260			242
Construction in process		355			523
Property and equipment, gross		29,114			28,546
Less: Accumulated depreciation		(11,221	)		(10,833	)
Property and equipment, net	$	17,893		$	17,713

Depreciation expense for property and equipment was $1.0 million and $0.8 million for the three months ended March 31, 2024 and 2023, respectively.