Composition of Certain Condensed Consolidated Financial Statement Line Items (Tables)
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6 Months Ended |
Jun. 30, 2025 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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Schedule of Property and Equipment, Net |
Property and equipment consisted of the following: | | | | | | | | | | | | (in thousands) | June 30, 2025 | | December 31, 2024 | Laboratory equipment | $ | 6,497 | | | $ | 6,469 | | Leasehold improvements | 118 | | | 118 | | Computer hardware | 512 | | | 484 | | Furniture, fixtures and office equipment | 324 | | | 324 | | Prototype equipment | 2,179 | | | 2,029 | | Construction in progress | 1,541 | | | 1,186 | | | 11,171 | | | 10,610 | | Less: Accumulated depreciation | (7,443) | | | (6,534) | | Total | $ | 3,728 | | | $ | 4,076 | |
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Schedule of Accrued Expenses |
Accrued expenses and other liabilities consisted of the following: | | | | | | | | | | | | (in thousands) | June 30, 2025 | | December 31, 2024 | Employee compensation | $ | 2,211 | | | $ | 1,343 | | Accrued professional and consulting fees | 364 | | | 219 | | Accrued research and development | 251 | | | 468 | | Other | 112 | | | 518 | | Total | $ | 2,938 | | | $ | 2,548 | |
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Schedule of Other Liabilities |
Accrued expenses and other liabilities consisted of the following: | | | | | | | | | | | | (in thousands) | June 30, 2025 | | December 31, 2024 | Employee compensation | $ | 2,211 | | | $ | 1,343 | | Accrued professional and consulting fees | 364 | | | 219 | | Accrued research and development | 251 | | | 468 | | Other | 112 | | | 518 | | Total | $ | 2,938 | | | $ | 2,548 | |
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Schedule of Cash and Cash Equivalents |
Cash, cash equivalents and restricted cash consisted of the following: | | | | | | | | | | | | (in thousands) | June 30, 2025 | | December 31, 2024 | Cash and cash equivalents | $ | 34,457 | | | $ | 27,646 | | Restricted cash included in other long-term assets (Note 8) | 1,002 | | | 1,002 | | Total | $ | 35,459 | | | $ | 28,648 | |
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Schedule of Restricted Cash |
Cash, cash equivalents and restricted cash consisted of the following: | | | | | | | | | | | | (in thousands) | June 30, 2025 | | December 31, 2024 | Cash and cash equivalents | $ | 34,457 | | | $ | 27,646 | | Restricted cash included in other long-term assets (Note 8) | 1,002 | | | 1,002 | | Total | $ | 35,459 | | | $ | 28,648 | |
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