| Property and Equipment |
Property and equipment as of June 30, 2026 and December 31, 2025 are summarized as follows: | | | | | | | | | | | | | | | | | | | | June 30, | | December 31, | | Depreciable | | | 2026 | | 2025 | | Life - Years | Machinery and equipment | | $ | 14,206 | | $ | 14,111 | | 2 – 10 | Construction in progress | | | 16,090 | | | 5,509 | | — | Leasehold improvements | | | 3,340 | | | 3,310 | | 5 – 20 | Computer equipment and software | | | 222 | | | 213 | | 3 – 5 | Furniture and fixtures | | | 179 | | | 179 | | 3 – 5 | Total cost | | | 34,037 | | | 23,322 | | | Less: accumulated depreciation | | | (10,075) | | | (8,670) | | | Net property and equipment | | $ | 23,962 | | $ | 14,652 | | |
Depreciation and amortization expense for the six months ended June 30, 2026 and 2025 was $1,405 and $1,396, respectively, of which $1,068 and $1,024 was recorded into cost of sales within the Company’s unaudited condensed consolidated statements of operations.
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6.Property and Equipment Property and equipment as of December 31, 2025 and 2024 are summarized as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Depreciable | | | 2025 | | 2024 | | Life – Years | Machinery and equipment | | $ | 14,111 | | $ | 13,496 | | 2-10 | Construction in progress | | | 5,509 | | | 5,423 | | — | Leasehold improvements | | | 3,310 | | | 3,178 | | 5-20 | Computer equipment and software | | | 213 | | | 213 | | 3-5 | Furniture and fixtures | | | 179 | | | 128 | | 3-5 | Total cost | | | 23,322 | | | 22,438 | | | Accumulated depreciation: | | | | | | | | | Machinery and equipment | | | (6,541) | | | (4,478) | | | Leasehold improvements | | | (1,835) | | | (1,112) | | | Computer equipment and software | | | (203) | | | (190) | | | Furniture and fixtures | | | (91) | | | (66) | | | Total accumulated depreciation | | | (8,670) | | | (5,846) | | | Net property and equipment | | $ | 14,652 | | $ | 16,592 | | |
Depreciation and amortization expense for the years ended December 31, 2025 and 2024 was $2,822 and $1,607, respectively, of which $2,060 and $941 was recorded into cost of sales.
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