| Balance Sheet Components |
3. Balance Sheet Components Inventories Inventories, net consist of the following:
|
|
|
|
|
|
|
|
|
(In thousands) |
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Raw materials |
|
$ |
— |
|
|
$ |
71 |
|
Work-in-process |
|
|
311 |
|
|
|
— |
|
Finished goods, net |
|
|
28 |
|
|
|
— |
|
Total inventories |
|
$ |
339 |
|
|
$ |
71 |
|
Property and equipment, net Property and equipment, net consist of the following:
|
|
|
|
|
|
|
|
|
(In thousands) |
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Robotics and manufacturing equipment |
|
$ |
2,857 |
|
|
$ |
1,128 |
|
Financed lease robotics and manufacturing equipment |
|
|
996 |
|
|
|
— |
|
Leasehold improvements |
|
|
4,125 |
|
|
|
3,927 |
|
Land and building |
|
|
1,832 |
|
|
|
— |
|
Computer equipment |
|
|
1,196 |
|
|
|
1,251 |
|
Furniture and fixtures, and other fixed assets |
|
|
1,001 |
|
|
|
952 |
|
Construction in progress |
|
|
682 |
|
|
|
— |
|
Property and equipment, gross |
|
|
12,689 |
|
|
|
7,258 |
|
Accumulated depreciation |
|
|
(3,800 |
) |
|
|
(3,014 |
) |
Property and equipment, net |
|
$ |
8,889 |
|
|
$ |
4,244 |
|
Depreciation expenses were $1.0 million for the year ended December 31, 2025. Depreciation expenses were $0.8 million for the year ended December 31, 2024. Accrued liabilities Accrued liabilities consist of the following:
|
|
|
|
|
|
|
|
|
(In thousands) |
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Payroll and related costs |
|
$ |
1,699 |
|
|
$ |
1,811 |
|
Legal services accrual |
|
|
173 |
|
|
|
230 |
|
Deferred revenue |
|
|
319 |
|
|
|
248 |
|
Other contract liabilities |
|
|
496 |
|
|
|
496 |
|
Other accrued expenses and current liabilities |
|
|
863 |
|
|
|
134 |
|
Total accrued liabilities |
|
$ |
3,550 |
|
|
$ |
2,919 |
|
Other non-current liabilities Other non-current liabilities consist of the following:
|
|
|
|
|
|
|
|
|
(In thousands) |
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Contingent consideration |
|
$ |
1,382 |
|
|
$ |
— |
|
Equipment financing liabilities |
|
|
1,492 |
|
|
|
— |
|
Total other non-current liabilities |
|
$ |
2,874 |
|
|
$ |
— |
|
|