Balance Sheet Components

3 Months Ended

Mar. 31, 2025

Statement Of Financial Position [Abstract]

Balance Sheet Components

Note 6. Balance Sheet Components

The Company’s inventories are stated at the lower of cost or net realizable value. Inventories consist of (in thousands):

	March 31, 2025		December 31, 2024
Raw materials	$	4,517	$	3,893
Work-in-progress		—		—
Finished goods		3,243		3,582
Total	$	7,760	$	7,475

Property and equipment, net consists of (in thousands):

	March 31, 2025			December 31, 2024
Building and leasehold improvements	$	1,538		$	1,315
Furniture, fixtures and office equipment		233			221
Plant and machinery		18,154			17,967
Purchased software		733			724
Total		20,658			20,227
Accumulated depreciation		(13,069	)		(12,533	)
Property and equipment, net	$	7,589		$	7,694

The Company recorded depreciation expense of $0.5 million and $0.4 million during the three months ended March 31, 2025 and 2024, respectively. Depreciation expense included in discontinued operations was $0.1 million for the three months ended March 31, 2024.

Other accrued expenses and liabilities consist of (in thousands):

	March 31, 2025		December 31, 2024
Accrued professional fees	$	369	$	526
Accrued warranties		341		214
Amounts payable under the Transition Services Agreement		393		354
Amounts payable related to purchase price adjustment		—		474
Other accrued expenses		744		759
Total	$	1,847	$	2,327