v3.26.1
Property and Equipment, Net (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net consisted of the following at June 30, 2026 and December 31, 2025:
(in thousands)June 30, 2026December 31, 2025
Machinery and equipment$2,690 $2,098 
Furniture and fixtures96 96 
Computers and hardware108 108 
Software99 99 
Leasehold improvements584 622 
Construction in progress 2,982 430 
Property and equipment, gross6,559 3,453 
Less: accumulated depreciation(1,774)(1,114)
Property and equipment, net$4,785 $2,339 
Depreciation expense for the three and six months ended June 30, 2026 was $0.3 million and $0.7 million, respectively, and was $0.1 million and $0.3 million for the three and six months ended June 30, 2025, respectively. Depreciation expense was allocated as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Research and development$324 $118 $626 $224 
General and administrative17 17 34 34 
Depreciation expense$341 $135 $660 $258