v3.26.1
Balance Sheet Components
6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components
Inventory
Inventories consist of the following:
June 30,December 31,
(in thousands)20262025
Raw materials
$9,104 $6,209 
Work-in-process
3,321 2,778 
Finished goods
5,686 5,875 
Total
$18,111 $14,862 
Property and Equipment, net
Property and equipment, net consists of the following:
June 30,December 31,
(in thousands)20262025
Machinery, equipment, furniture and fixtures$4,957 $4,917 
Computer equipment and software2,184 1,979 
Leasehold improvements2,435 2,435 
Total9,576 9,331 
Less: Accumulated depreciation(8,333)(8,206)
Property and equipment, net $1,243 $1,125 
Depreciation expense for each of the three months ended June 30, 2026 and 2025 was less than $0.1 million. Depreciation expense for each of the six months ended June 30, 2026 and 2025 was $0.1 million.
Accrued Liabilities
Accrued liabilities consist of the following:
June 30,December 31,
(in thousands)20262025
Payroll and related expenses$8,071 $10,337 
Inventory purchases799 874 
Interest payable— 484 
Professional fees325 374 
Vendor-related expenses756 256 
Other899 859 
Total$10,850 $13,184