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Property and Equipment, Net (Tables) | 9 Months Ended
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Sep. 30, 2025
Property and Equipment, Net [Abstract] |
Schedule of Property and Equipment | The Company’s property and equipment are primarily located at the Company’s leased facilities in Hoboken, NJ and Tempe, AZ and consist of (in thousands):
|  | September 30, 2025 |  |  | December 31, 2024 |
Computer and lab equipment |  | $ | 12,123 |  |  | $ | 8,438 |
Network equipment |  |  | 32 |  |  |  | 29 |
Furniture and fixtures |  |  | 98 |  |  |  | 37 |
Software |  |  | 276 |  |  |  | 77 |
Leasehold improvements |  |  | 2,171 |  |  |  | 597 |
Total cost of property and equipment |  |  | 14,700 |  |  |  | 9,178 |
Accumulated depreciation |  |  | (2,025 | ) |  |  | (966 | )
Property and equipment, net |  | $ | 12,675 |  |  | $ | 8,212 |
Schedule of Depreciation Expense | The Company recorded depreciation expense of $671 thousand and $75 thousand during the three months ended September 30, 2025 and 2024, respectively, and $1.1 million and $214 thousand during the nine months ended September 30, 2025 and 2024, respectively, using useful lives of the Company’s long-lived assets as follows:
|  | Estimated Useful
|  | Life (Years)
Computer and lab equipment |  | 5
Network equipment |  | 4
Furniture and fixtures |  | 7
Software |  | 3
Leasehold improvements |  | Lesser of lease term or 5

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- Definition The entire disclosure for intangible assets and long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent + Details
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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