SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2026

The estimated useful lives of assets are as follows:


Computers, office equipment and hardware						3 – 5 years
Furniture and fixtures						7 years
Machinery and equipment						7 years
Leasehold improvements						Shorter of the lease term (including estimated renewals) or the estimated useful lives of the improvement

The Company's major classes of property, plant and equipment are as follows:


	As of
(in thousands)	June 30, 2026		December 31, 2025

Computers, office equipment and hardware	$	41	$	42
Furniture and fixtures	47		47
Machinery and equipment	44		44
Property, plant and equipment	132		133
Less: accumulated depreciation	79		71
Property, plant and equipment, net	$	53	$	62