v3.25.4
Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net, consists of the following as of December 31, 2025 and 2024 (in thousands):
20252024
Laboratory and production equipment$14,615 $13,412 
Computer equipment1,761 1,724 
Purchased software57 57 
Furniture and fixtures318 321 
Leasehold improvements11,790 7,226 
Construction in process1,390 4,960 
Subtotal29,931 27,700 
Less: Accumulated depreciation and amortization(16,737)(11,707)
Property and equipment, net$13,194 $15,993 
Depreciation and amortization expense is included within Cost of revenue, Research and development and Selling, general and administrative expenses in the Consolidated Statements of Operations and Comprehensive Loss. For the years ended December 31, 2025, 2024 and 2023, depreciation and amortization expense was $4.5 million, $4.6 million and $4.2 million, respectively.
For the year ended December 31, 2025, the Company recorded immaterial losses on disposals relating to property and equipment of $0.1 million with accumulated depreciation and amortization of $0.1 million. For the year ended December 31, 2024, the Company recorded losses on disposals of $0.4 million relating to property and equipment of $3.2 million with accumulated depreciation and amortization of $2.8 million. For the year ended December 31, 2023, the Company recorded losses on disposals of $0.1 million relating to property and equipment of $0.3 million with accumulated depreciation and amortization of $0.2 million.