v3.26.1
Property and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net consisted of the following at December 31, 2025 and 2024:
(in thousands)20252024
Machinery and equipment$2,098 $1,794 
Construction in progress - machinery and equipment393 — 
Furniture and fixtures96 63 
Computers and hardware108 133 
Software99 99 
Leasehold improvements622 622 
Construction in progress - leasehold improvements37 — 
Property and equipment, gross3,453 2,711 
Less: accumulated depreciation(1,114)(543)
Property and equipment, net$2,339 $2,168 
Depreciation expense for the years ended December 31, 2025 and 2024 was $0.6 million and $0.3 million respectively, and was allocated as follows:
(in thousands)20252024
Research and development$543 $173 
General and administrative69 98 
Depreciation expense$612 $271 
The Company recognized a loss of $5.4 thousand on the disposition of property and equipment for the year ended December 31, 2025. There were no gains or losses on dispositions for the year ended December 31, 2024. Additionally, there were no impairment losses recognized during the years ended December 31, 2025 and 2024.