v3.25.2
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 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):

 

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Computer equipment

 

$

3,152

 

 

$

3,121

 

Lab equipment

 

 

8,353

 

 

 

8,328

 

Leasehold improvements

 

 

3,413

 

 

 

3,374

 

Construction in progress

 

 

4,356

 

 

 

243

 

Testing equipment

 

 

2,143

 

 

 

1,847

 

Manufacturing equipment

 

 

5,805

 

 

 

5,597

 

Furniture, fixtures and other equipment

 

 

579

 

 

 

566

 

Total property, plant and equipment

 

$

27,801

 

 

$

23,076

 

Less: accumulated depreciation

 

 

(15,048

)

 

 

(12,744

)

Total property, plant and equipment, net

 

$

12,753

 

 

$

10,332

 

 

Depreciation related to property, plant, and equipment was $1.1 million and $1.2 million for the three months ended June 30, 2025 and June 30, 2024, respectively, and $2.3 million for each of the six months ended June 30, 2025, and June 30, 2024.