Property and Equipment

6 Months Ended

Jun. 30, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

As of June 30, 2025 and December 31, 2024, the Company’s property and equipment consisted of the following (table in thousands):

	June 30, 2025		December 31, 2024
Machinery and Equipment	$	12,035	$	11,973
Information Technology & Office Equipment	1,845		1,845
Leasehold Improvements	1,577		1,562
Laboratory Equipment	807		807
Total Property and Equipment	16,264		16,187
Accumulated Depreciation and Amortization	(11,135)		(10,402)
Property and Equipment, net	$	5,129	$	5,785

Depreciation and amortization expense for each of the three months ended June 30, 2025 and 2024 was $0.4 million. Depreciation and amortization expense for each of the six months ended June 30, 2025 and 2024 was $0.8 million.