Property and equipment, net consists of the following:


	Useful life (in years)	June 30, 2026		December 31, 2025
Production tooling	4	$	27,808	$	26,194
Lab equipment	4		18,271		17,446
Office equipment	3 - 7		13,279		12,758
Leasehold improvements	*		2,421		2,308
Construction in progress			17,539		15,010
Property and equipment, gross			79,318		73,716
Less: Accumulated depreciation			34,950		30,367
Property and equipment, net		$	44,368	$	43,349

* Leasehold improvements are amortized over the shorter of the remaining lease term or estimated useful life of the leasehold improvement.

The Company recognized depreciation expense of $2,464 and $2,340 for the three months ended June 30, 2026 and 2025, respectively. The Company recognized depreciation expense of $4,789 and $4,309 for the six months ended June 30, 2026 and 2025, respectively.

Fixed assets not yet in service, or construction in progress, consist primarily of capitalized internal-use software, certain production tooling and other equipment that are not yet ready to be placed into service.