Property and Equipment, net

12 Months Ended

Dec. 31, 2025

Property and Equipment, net [Abstract]

6. Property and Equipment, net

Property and equipment consist of the following (in thousands):

	December 31,
	2025			2024

Lasers placed-in-service	$	34,725		$	33,489
Equipment, computer hardware and software		300			300
Furniture and fixtures		240			240
Leasehold improvements		77			87
Lasers-in-process		2,189			2,093
		37,531			36,209
Less: accumulated depreciation and amortization		(28,567	)		(26,148	)
	$	8,964		$	10,061

During September 2025, the Company entered into a settlement and mutual release agreement with a supplier to resolve outstanding obligations related to the manufacture of property and equipment. Under the terms of the settlement, the Company paid $0.1 million for approximately $0.8 million of property and equipment, and both parties were released from any and all claims, asserted or unasserted, arising from the related purchase order and service agreement. The transaction resulted in the recognition of a gain of $0.7 million, which is reflected within settlement gains in the accompanying consolidated statements of operations.

The Company recorded depreciation and amortization expense of $2.9 million and $3.0 million during the years ended December 31, 2025 and 2024, respectively.