v3.26.1
Balance Sheet Components
6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components

Note 4. Balance Sheet Components

Property and Equipment, Net

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

 

 

As of June 30,

 

 

As of December 31,

 

 

 

2026

 

 

2025

 

Tools and equipment

 

$

2,208

 

 

$

2,215

 

Computer equipment and software

 

 

37

 

 

 

37

 

Furniture and fixtures

 

 

455

 

 

 

461

 

Leasehold improvements

 

 

38

 

 

 

38

 

Construction in process

 

 

1,423

 

 

 

1,260

 

 

 

4,161

 

 

 

4,011

 

Less: Accumulated depreciation

 

 

(2,494

)

 

 

(2,401

)

Property and equipment, net

 

$

1,667

 

 

$

1,610

 

Depreciation expense was less than $0.1 million for the three months ended June 30, 2026 and $0.1 million for the three months ended June 30, 2025, respectively. Depreciation expense was $0.1 million and $0.2 million for the six months ended June 30, 2026, and 2025, respectively.

Accrued and Other Current Liabilities

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

 

 

As of June 30,

 

 

As of December 31,

 

 

 

2026

 

 

2025

 

Accrued expenses

 

$

2,334

 

 

$

2,140

 

Current portion of lease liabilities

 

 

394

 

 

 

475

 

Short-term interest payable

 

 

345

 

 

 

357

 

Other accrued liabilities

 

 

732

 

 

 

638

 

Total accrued and other current liabilities

 

$

3,805

 

 

$

3,610

 

Other Noncurrent Liabilities

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

 

 

As of June 30,

 

 

As of December 31,

 

 

 

2026

 

 

2025

 

Noncurrent portion of lease liabilities

 

$

804

 

 

$

 

Other noncurrent liabilities

 

 

30

 

 

 

31

 

Total other noncurrent liabilities

 

$

834

 

 

$

31