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Property and Equipment, Net (Tables)

9 Months Ended

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

X

- 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

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- References

No definition available.

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X

- 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

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