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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment are stated at cost and depreciated using the straight-line method over the estimated useful lives of the related assets and consist of the following (in thousands):
September 30,
2024
December 31,
2023
Equipment (useful life 3 to 15 years)
$1,061 $1,061 
Tooling (useful life 2 to 5 years)
234 190 
Vehicles (useful life 5 years)
41 41 
Leasehold improvements (the shorter of useful life or lease life)141 141 
Projects in progress— 28 
Property and equipment at cost1,477 1,461 
Less: accumulated depreciation(1,378)(1,349)
Property and equipment, net$99 $112 
Depreciation expense was $9 thousand and $8 thousand for the three months ended September 30, 2024 and 2023, respectively. For the nine months ended September 30, 2024 and 2023, depreciation expense was $28 thousand and $24 thousand, respectively.