v3.25.2
Composition of Certain Condensed Consolidated Financial Statement Line Items (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
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 improvements118 118 
Computer hardware512 484 
Furniture, fixtures and office equipment324 324 
Prototype equipment2,179 2,029 
Construction in progress1,541 1,186 
11,171 10,610 
Less: Accumulated depreciation(7,443)(6,534)
Total$3,728 $4,076 
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 fees364 219 
Accrued research and development251 468 
Other112 518 
Total$2,938 $2,548 
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 fees364 219 
Accrued research and development251 468 
Other112 518 
Total$2,938 $2,548 
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 
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