Property and equipment, net consist of the following (in thousands):


	As of March 31,			As of December 31,
	2026			2025
Tools and equipment	$	2,208		$	2,215
Computer equipment and software		37			37
Furniture and fixtures		457			461
Leasehold improvements		38			38
Construction in process		1,326			1,260
		4,066			4,011
Less: Accumulated depreciation		(2,448	)		(2,401	)
Property and equipment, net	$	1,618		$	1,610

Depreciation expense was $0.1 million for both the three months ended March 31, 2026 and 2025.

Accrued and other current liabilities consist of the following (in thousands):


	As of March 31,		As of December 31,
	2026		2025
Accrued expenses	$	2,353	$	2,140
Accrued litigation success fee		5,393		—
Current portion of lease liabilities		358		475
Short-term interest payable		357		357
Other accrued liabilities		728		638
Total accrued and other current liabilities	$	9,189	$	3,610

Accrued litigation success fee includes amount payable to our external counsel associated with the final judgment in the Alcon litigation. This payment was made during the second quarter of 2026. Refer to Note 6. Commitments and Contingencies for more information.

Other noncurrent liabilities consist of the following (in thousands):


	As of March 31,		As of December 31,
	2026		2025
Noncurrent portion of lease liabilities	$	870	$	—
Other noncurrent liabilities		30		31
Total other noncurrent liabilities	$	900	$	31