v3.26.1
Property and Equipment, net
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

5. Property and Equipment, net

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

 

 

 

March 31,

 

 

December 31,

 

Estimated Useful Life (in Years)

 

2026

 

 

2025

 

Computers and purchased software

3

 

$

536

 

 

$

536

 

Leasehold improvements

Shorter of useful life
or lease term

 

 

1,521

 

 

 

1,521

 

Furniture and fixtures

5

 

 

113

 

 

 

113

 

Machinery and equipment

3-5

 

 

3,542

 

 

 

3,542

 

Property and equipment—at cost

 

 

 

5,712

 

 

 

5,712

 

Less accumulated depreciation and amortization

 

 

 

(4,485

)

 

 

(4,345

)

Construction in progress

 

 

 

 

 

 

 

Property and equipment—net

 

 

$

1,227

 

 

$

1,367

 

Depreciation expense was $0.2 million for each of the three months ended March 31, 2026 and 2025, recorded as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

2026

 

 

2025

 

Cost of revenue

 

$

125

 

 

$

127

 

Research and development

 

44

 

 

 

55

 

General and administrative

 

2

 

 

 

8

 

Sales and marketing

 

0

 

 

 

13

 

Total depreciation and amortization expense

 

$

171

 

 

$

203