v3.26.1
Property, Machinery and Equipment
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Machinery and Equipment
Note 4. Property, Machinery and Equipment
Property, machinery and equipment, net consisted of the following:
(in thousands)June 30,
2026		December 31,
2025
Computer equipment$238 $21 
Leasehold improvements— 2,391 
Machinery and equipment1,203 2,839 
Property, machinery and equipment, gross1,441 5,251 
Less: accumulated depreciation(977)(4,298)
Property, machinery and equipment, net$464 $953 
Depreciation expense related to property, machinery and equipment was $0.1 million and $0.4 million for the three and six months ended June 30, 2026, respectively, and $0.3 million and $0.6 million for the three and six months ended June 30, 2025, respectively. Depreciation expense is recorded within operating expenses. During the six months ended June 30, 2026, the Company disposed of certain machinery and equipment in connection with the relocation of its headquarters.