Balance Sheet Components

6 Months Ended

Jun. 30, 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):

	June 30, 2025		December 31, 2024
Raw materials	$	3,162	$	3,893
Work-in-progress		55		—
Finished goods		2,916		3,582
Total	$	6,133	$	7,475

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

	June 30, 2025			December 31, 2024
Building and leasehold improvements	$	1,644		$	1,315
Furniture, fixtures and office equipment		266			221
Plant and machinery		16,786			17,967
Purchased software		769			724
Total		19,465			20,227
Accumulated depreciation		(11,939	)		(12,533	)
Property and equipment, net	$	7,526		$	7,694

The Company recorded depreciation expense of $490,000 and $429,000 during the three months ended June 30, 2025 and 2024, respectively, and $980,000 and $858,000 during the six months ended June 30, 2025 and 2024, respectively. Depreciation expense included in discontinued operations was $93,000 and $186,000 for the three and six months ended June 30, 2024, respectively.

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

	June 30, 2025		December 31, 2024
Accrued professional fees	$	516	$	526
Accrued warranties		324		214
Amounts payable under the Transition Services Agreement		297		354
Amounts payable related to purchase price adjustment		—		474
Other accrued expenses		786		759
Total	$	1,923	$	2,327