XML 24 R12.htm IDEA: XBRL DOCUMENT v3.26.1
Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Property, plant and equipment, net consisted of the following (in thousands):
June 30,December 31,
20262025
Production equipment$2,843 $2,839 
Lab equipment1,032 1,032 
Leasehold improvements11,162 11,163 
Furniture, fixtures and other equipment219 219 
Construction in progress7,879 4,340 
Property, plant and equipment, at cost23,135 19,593 
Less: accumulated depreciation and amortization(11,425)(9,913)
Property, plant and equipment, net$11,710 $9,680 
Construction in progress consists primarily of production and other equipment that have not been placed in service as of June 30, 2026 and December 31, 2025.
Depreciation and amortization expense was $0.8 million and $1.5 million during the three and six months ended June 30, 2026, and $1.1 million and $2.0 million during the three and six months ended June 30, 2025, respectively.
As reflected in the balance as of December 31, 2025, we recorded a $4.7 million impairment loss related to construction-in-progress assets for our manufacturing facility in Brighton, Colorado, in connection with our decision to terminate the lease, and a $3.5 million loss related to the retirement of production equipment at our Fremont, California facility that was no longer expected to generate future economic benefit.