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Property and Equipment, net
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

Note 5. Property and Equipment, net

Property and equipment, net at December 31, 2024 and December 31, 2023, consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2024

 

2023

 

Machinery and equipment

 

$

5,949

 

 

$

5,534

 

Computer equipment and software

 

 

3,969

 

 

 

3,949

 

Furniture and fixtures

 

 

2,008

 

 

 

2,008

 

Leasehold improvements

 

 

12,192

 

 

 

12,192

 

Consigned equipment

 

 

1,475

 

 

 

1,429

 

Total property and equipment, gross

 

 

25,593

 

 

 

25,112

 

Accumulated depreciation and amortization

 

 

(18,439

)

 

 

(16,472

)

Total property and equipment, net

 

$

7,154

 

 

$

8,640

 

 

 

 

 

 

 

 

 

Depreciation and amortization expense related to property and equipment, net was $2.0 million, $2.4 million and $2.5 million for the years ended December 31, 2024, 2023 and 2022, respectively. As part of the Company’s restructuring plan, $0.7 million was recognized as an impairment of long-lived assets for leasehold improvements and furniture and fixtures and was recorded within Restructuring on the Company’s consolidated statement of operations for the year ended December 31, 2023. No impairment charges were incurred for the year ended December 31, 2024.