Property, Machinery and Equipment (FY) (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2024

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property, Machinery and Equipment, Net

The estimated useful lives of fixed assets by asset category are described below:


Fixed Assets			Estimated Useful Life
Computer equipment			Three years
Furniture and fixtures			Five years
Leasehold improvements			Lesser of estimated useful life or remaining lease term (one year to seven years)
Machinery and equipment			Seven years

Property, machinery and equipment, net consisted of the following:


(in thousands)			September 30, 2024			December 31, 2023
Computer equipment			$10			$10
Leasehold improvements			2,391			2,394
Machinery and equipment			2,839			3,411
Property, machinery and equipment, gross			5,240			5,815


(in thousands)			September 30, 2024			December 31, 2023
Less: accumulated depreciation			(2,871)			(2,563)
Property, machinery and equipment, net			$2,369			$3,252

The estimated useful lives of fixed assets by asset category are described below:


Fixed Assets			Estimated Useful Life
Computer equipment			Three years
Furniture and fixtures			Five years
Leasehold improvements			Lesser of estimated useful life or remaining lease term (one year to seven years)
Machinery and equipment			Seven years

Property, machinery and equipment, net consisted of the following:


(in thousands)			December 31, 2023			December 31, 2022
Computer equipment			$10			$10
Leasehold improvements			2,394			2,281
Machinery and equipment			3,411			3,411
Construction in-progress			—			106
Property, machinery and equipment, gross			5,815			5,808
Less: accumulated depreciation			(2,563)			(1,792)
Property, machinery and equipment, net			$3,252			$4,016