v3.25.1
Property, Plant and Equipment
 3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 6. Property, Plant and Equipment

Property, plant and equipment consisted of the following (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Computer equipment

 

$

3,127

 

 

$

3,121

 

Lab equipment

 

 

8,345

 

 

 

8,328

 

Leasehold improvements

 

 

3,380

 

 

 

3,374

 

Construction in progress

 

 

3,419

 

 

 

243

 

Testing equipment

 

 

1,662

 

 

 

1,847

 

Manufacturing equipment

 

 

5,742

 

 

 

5,597

 

Furniture, fixtures and other equipment

 

 

571

 

 

 

566

 

Total property, plant and equipment

 

$

26,246

 

 

$

23,076

 

Less: accumulated depreciation

 

 

(13,907

)

 

 

(12,744

)

Total property, plant and equipment, net

 

$

12,339

 

 

$

10,332

 

 

Depreciation related to property, plant, and equipment was $1.2 million and $1.1 million for the three months ended March 31, 2025 and 2024, respectively.