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Property and Equipment, net | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2024 | Dec. 31, 2023
Property, Plant and Equipment [Abstract] |  |
Property and Equipment, net |
6. | Property and Equipment, net
Property and equipment consist of the following (in thousands):
|  | Estimated Useful Life (in Years) |  |  | September 30, 2024 |  |  | December 31, 2023 |
Computers and purchased software |  |  | 3 |  |  | $ | 618 |  |  | $ | 618 |
Leasehold improvements |  |  | Shorter of useful life or lease term |  |  |  | 1,943 |  |  |  | 1,943 |
Furniture and fixtures |  |  | 5 |  |  |  | 291 |  |  |  | 291 |
Machinery and equipment |  |  | 3-5 |  |  |  | 3,507 |  |  |  | 2,893 |
Property and equipment—at cost |  |  |  |  |  |  | 6,359 |  |  |  | 5,745 |
Less accumulated depreciation and amortization |  |  |  |  |  |  | (4,169 | ) |  |  | (3,559 | )
Construction in progress |  |  |  |  |  |  | 890 |  |  |  | 1,195 |
Property and equipment—net |  |  |  |  |  | $ | 3,080 |  |  | $ | 3,381 |
Depreciation expense was $0.2 million for each of the three months ended September 30, 2024 and 2023, and $0.8 million and $0.6 million for the nine months ended September 30, 2024 and 2023, respectively, recorded as follows (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Cost of revenue |  | $ | 119 |  |  | $ | 63 |  |  | $ | 433 |  |  | $ | 280 |
Research and development |  |  | 63 |  |  |  | 48 |  |  |  | 161 |  |  |  | 131 |
General and administrative |  |  | 19 |  |  |  | 34 |  |  |  | 104 |  |  |  | 104 |
Sales and marketing |  |  | 14 |  |  |  | 15 |  |  |  | 80 |  |  |  | 43 |
Total depreciation and amortization expense |  | $ | 215 |  |  | $ | 160 |  |  | $ | 778 |  |  | $ | 558 |
6. | Property and Equipment, net
Property and equipment consist of the following (in thousands):
|  | Estimates Useful Life (in Years) |  | December 31, |
|  | 2023 |  |  | 2022 |
Computers and purchased software |  | 3 |  | $ | 618 |  |  | $ | 575 |
Leasehold improvements |  | Shorter of useful life or lease term |  |  | 1,943 |  |  |  | 1,822 |
Furniture and fixtures |  | 5 |  |  | 291 |  |  |  | 251 |
Machinery and equipment |  | 3-5 |  |  | 2,893 |  |  |  | 2,002 |
Property and equipment—at cost |  |  |  |  | 5,745 |  |  |  | 4,650 |
Less accumulated depreciation and amortization |  |  |  |  | (3,559 | ) |  |  | (2,851 | )
Construction in progress |  |  |  |  | 1,195 |  |  |  | 583 |
Property and equipment—net |  |  |  | $ | 3,381 |  |  | $ | 2,382 |
Depreciation expense was $0.7 million and $0.9 million for the years ended December 31, 2023 and 2022, respectively, recorded as follows (in thousands):
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |
Cost of revenue |  | $ | 367 |  |  | $ | 568 |
Research and development |  |  | 179 |  |  |  | 90 |
General and administrative |  |  | 138 |  |  |  | 160 |
Sales and marketing |  |  | 62 |  |  |  | 57 |
Total depreciation and amortization expense |  | $ | 746 |  |  | $ | 875 |

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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