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Balance Sheet Components
 9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components
Accounts Receivable, Net
Accounts receivable, net consisted of the following:
September 30,December 31,
20222021
(In thousands)
Trade Receivables$20,989 $12,845 
Less: Allowances for Doubtful Accounts(67)(67)
Total$20,922 $12,778 
Inventories
Inventories consisted of the following:
September 30,December 31,
20222021
(In thousands)
Raw materials$51,751 $16,594 
Work-in-progress17,562 5,885 
Total$69,313 $22,479 
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
September 30,December 31,
20222021
(In thousands)
Prepaid insurance and other$1,920 $5,326 
Vendor prepayments2,703 4,132 
Total$4,623 $9,458 
Property and Equipment, Net
Property and equipment, net consisted of the following:
September 30,December 31,
20222021
(In thousands)
Computers and software$2,084 $1,397 
Lab equipment and other equipment6,467 2,283 
Furniture and fixtures181 88 
Leasehold improvements15,131 2,771 
Construction in progress171 6,273 
Total property, plant and equipment24,034 12,812 
Less accumulated depreciation and amortization(4,826)(2,766)
Property, plant and equipment, net$19,208 $10,046 
Depreciation expense for the three months ended September 30, 2022 and 2021 was $0.9 million and $0.4 million, respectively. Depreciation expense for the nine months ended September 30, 2022 and 2021 was $2.1 million and $0.8 million, respectively.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
September 30,December 31,
20222021
(In thousands)
Accrued expenses$10,711 $3,015 
Accrued salaries and benefits6,333 4,143 
Lease liability – current portion2,638 2,256 
Total Accrued expenses and other current liabilities$19,682 $9,414 
Other noncurrent liabilities consisted of the following:
September 30,December 31,
20222021
(In thousands)
Lease liabilities - noncurrent portion$13,214 $9,184 
Other noncurrent liabilities1,013 308 
Total other noncurrent liabilities$14,227 $9,492 
Please refer to Note 12, Equity Instruments, for further details of the contingent earnout liability and warrant liabilities.