v3.25.3
Property and Equipment, Net
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

3. Property and Equipment, Net

Property and equipment, net consisted of the following (dollar amounts in thousands):

 

 

Estimated
Useful Lives
(Years)

 

September 30,
2025

 

 

December 31,
2024

 

Furniture and fixtures

 

5

 

$

249

 

 

$

249

 

Machinery and equipment

 

5

 

 

1,759

 

 

 

1,756

 

Computer equipment

 

3

 

 

20

 

 

 

20

 

Leasehold improvements

 

Lesser of
useful life
or
remaining
lease term

 

 

476

 

 

 

476

 

Work in process

 

 

 

 

1,876

 

 

 

1,870

 

Total property and equipment

 

 

 

 

4,380

 

 

 

4,371

 

Less: Accumulated depreciation

 

 

 

 

(1,399

)

 

 

(1,146

)

Property and equipment, net

 

 

 

$

2,981

 

 

$

3,225