| Balance Sheet Details |
Note 4. Balance Sheet Details Inventory and other deferred costs consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
|
December 31, 2025 |
|
Raw materials |
|
$ |
7,747 |
|
|
$ |
5,257 |
|
Other deferred costs |
|
|
1,891 |
|
|
|
887 |
|
Total inventory and other deferred costs |
|
$ |
9,638 |
|
|
$ |
6,144 |
|
Property and equipment, net consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
|
December 31, 2025 |
|
Machinery and equipment |
|
$ |
34,236 |
|
|
$ |
29,647 |
|
Computer equipment |
|
|
19,998 |
|
|
|
19,998 |
|
Computer software |
|
|
5,024 |
|
|
|
5,024 |
|
Furniture and fixtures |
|
|
2,380 |
|
|
|
2,310 |
|
Construction in progress |
|
|
3,814 |
|
|
|
56 |
|
Leasehold improvements |
|
|
41,691 |
|
|
|
41,691 |
|
Total |
|
|
107,143 |
|
|
|
98,726 |
|
Less: accumulated depreciation and amortization |
|
|
(58,576 |
) |
|
|
(53,911 |
) |
Property and equipment, net |
|
$ |
48,567 |
|
|
$ |
44,815 |
|
Depreciation and amortization expense for the three months ended June 30, 2026 and 2025 was $2.4 million and $2.5 million, and was $4.7 million and $5.1 million for the six months ended June 30, 2026 and 2025, respectively. Accrued and other current liabilities consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
|
December 31, 2025 |
|
Accrued compensation |
|
$ |
9,922 |
|
|
$ |
6,961 |
|
Operating lease liabilities |
|
|
6,931 |
|
|
|
6,892 |
|
Loans—current portion (Note 6) |
|
|
898 |
|
|
|
1,190 |
|
Market Development Fees received from Tempus (Note 8) |
|
|
2,100 |
|
|
|
4,200 |
|
Employee ESPP contributions |
|
|
392 |
|
|
|
377 |
|
Other current liabilities |
|
|
6,742 |
|
|
|
5,459 |
|
Total accrued and other current liabilities |
|
$ |
26,985 |
|
|
$ |
25,079 |
|
|