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Balance Sheet Components
3 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components

Note 4. Balance Sheet Components

Property and Equipment, Net

Property and equipment, net consist of the following (in thousands):

 

 

 

As of March 31,

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Tools and equipment

 

$

2,010

 

 

$

2,010

 

Computer equipment and software

 

 

37

 

 

 

37

 

Furniture and fixtures

 

 

323

 

 

 

323

 

Leasehold improvements

 

 

38

 

 

 

38

 

Construction in process

 

 

915

 

 

 

859

 

 

 

3,323

 

 

 

3,267

 

Less: Accumulated depreciation

 

 

(1,773

)

 

 

(1,627

)

Property and equipment, net

 

$

1,550

 

 

$

1,640

 

Depreciation expense was $0.1 million for both the three months ended March 31, 2024 and 2023.

 

Accrued and Other Current Liabilities

Accrued and other current liabilities consist of the following (in thousands):

 

 

 

As of March 31,

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Accrued expenses

 

$

3,570

 

 

$

1,639

 

Current portion of lease liabilities

 

 

509

 

 

 

573

 

Short term interest payable

 

 

327

 

 

 

375

 

Other accrued liabilities

 

 

1,593

 

 

 

1,187

 

Total accrued and other current liabilities

 

$

5,999

 

 

$

3,774

 

 

Other Noncurrent Liabilities

Other noncurrent liabilities consist of the following (in thousands):

 

 

 

As of March 31,

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Long term interest payable

 

$

84

 

 

$

1,524

 

Noncurrent portion of lease liabilities

 

 

802

 

 

 

914

 

Other noncurrent liabilities

 

 

75

 

 

 

38

 

Total other noncurrent liabilities

 

$

961

 

 

$

2,476