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Property and Equipment, Net
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
9.
Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

September 30,
2025

 

 

December 31,
2024

 

 

 

(in thousands)

 

Manufacturing equipment

 

$

8,242

 

 

$

6,252

 

Leasehold improvements

 

 

830

 

 

 

810

 

Furniture

 

 

939

 

 

 

924

 

Computer equipment

 

 

308

 

 

 

308

 

Construction in progress

 

 

3,354

 

 

 

1,735

 

Total cost

 

 

13,673

 

 

 

10,029

 

Less: Accumulated depreciation and amortization

 

 

(6,288

)

 

 

(5,253

)

Property and equipment, net

 

$

7,385

 

 

$

4,776

 

 

Depreciation expense was $1.0 million and $0.9 million for the nine months ended September 30, 2025 and 2024, respectively.