v3.26.1
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net:
Property and equipment, net consisted of the following as of June 30, 2026 and December 31, 2025:
June 30,
2026		December 31,
2025
Computer systems and servers$1,290 $1,083 
Test and computer equipment17,239 16,988 
Lab equipment9,608 9,604 
Furniture and fixtures275 286 
Leasehold improvements3,880 3,637 
Total$32,292 $31,598 
Less: Accumulated depreciation(15,022)(13,285)
Property and equipment, net$17,270 $18,313 
For the three months ended June 30, 2026 and 2025, the Company recognized depreciation expense of $1,149 and $927, respectively. For the six months ended June 30, 2026 and 2025, the Company recognized depreciation expense of $2,301 and $1,873, respectively.
As of June 30, 2026, the Company had $4,770 in equipment deposits for property and equipment, which are classified as long-term deposits on the consolidated balance sheets. When the underlying assets are delivered, installed, and placed in service, they will be reclassified to property and equipment, net.