v3.26.1
Plant and Equipment (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
Summary of Composition of Plant and Equipment

The composition of plant and equipment, net is as follows (in thousands):

 

 

 

As of

 

 

Useful Lives

June 30, 2026

 

December 31, 2025

 

Computer equipment

3 - 5 years

$

1,890

 

$

1,867

 

Computer software

3 years

 

923

 

 

923

 

Construction in progress (“CIP”)

 

 

-

 

 

17

 

Furniture and fixtures

7 years

 

1,221

 

 

1,221

 

Laboratory and other equipment

3 - 5 years

 

1,308

 

 

1,247

 

Leasehold improvements

Lesser of life or lease term

 

4,882

 

 

4,882

 

RECELL molds

5 years

 

606

 

 

606

 

RECELL GO RPD CIP

 

 

845

 

 

999

 

RECELL GO RPD

 

 

271

 

 

343

 

Operating lease assets - RPD

200 uses

 

1,650

 

 

1,630

 

Less: accumulated amortization and depreciation

 

 

(5,918

)

 

(5,105

)

Total plant and equipment, net

 

$

7,678

 

$

8,630

 
Summary Of Lease Revenues

The table below summarizes the Company's Lease revenue as presented in the Consolidated Statement of Operations for the three and six-months ended June 30, 2026 and 2025.

 

 

Three-Months Ended

 

Six-Months Ended

 

(in thousands)

June 30, 2026

 

June 30, 2025

 

June 30, 2026

 

June 30, 2025

 

Variable lease revenue

$

213

 

$

192

 

$

400

 

$

381

 
Summary Of Assets Held For Lease And Included In Plant And Equipment

Assets held for lease and included in Plant and equipment consisted of the following (in thousands):

 

 

As of

 

 

June 30, 2026

 

December 31, 2025

 

Rental RPD assets

$

1,650

 

$

1,630

 

Accumulated depreciation

 

(131

)

 

(98

)

Net rental RPD assets

$

1,519

 

$

1,532