v3.25.1
Plant and Equipment (Tables)
 3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Summary of Composition of Plant and Equipment

The composition of plant and equipment, net is as follows (in thousands):

 

 

 

As of

 

 

Useful Lives

March 31, 2025

 

December 31, 2024

 

Computer equipment

3 - 5 years

$

1,859

 

$

1,645

 

Computer software

3 years

 

836

 

 

836

 

Construction in progress (“CIP”)

 

 

99

 

 

442

 

Furniture and fixtures

7 years

 

1,221

 

 

1,177

 

Laboratory and other equipment

3 - 5 years

 

1,183

 

 

954

 

Leasehold improvements

Lesser of life or lease term

 

4,658

 

 

4,607

 

RECELL molds

5 years

 

514

 

 

503

 

RECELL GO RPD CIP

 

 

1,371

 

 

1,464

 

RECELL GO RPD

 

 

403

 

 

453

 

Operating lease assets - RPD

200 uses

 

1,602

 

 

1,384

 

Less: accumulated amortization and depreciation

 

 

(3,852

)

 

(3,447

)

Total plant and equipment, net

 

$

9,894

 

$

10,018

 
Summary Of Lease Revenues

The table below summarizes the Company's Lease revenue as presented in the Consolidated Statement of Operations for the three-months ended March 31, 2025 and 2024.

 

 

Three-Months Ended

 

(in thousands)

March 31, 2025

 

March 31, 2024

 

Variable lease revenue

$

189

 

 

-

 
Summary Of Assets Held For Lease And Included In Plant And Equipment

Assets held for lease and included in Plant and equipment consisted of the following (in thousands):

 

 

As of

 

 

March 31, 2025

 

December 31, 2024

 

Rental RPD assets

$

1,602

 

$

1,384

 

Accumulated depreciation

 

(70

)

 

(47

)

Net rental RPD assets

$

1,532

 

$

1,337