Property and Equipment, net

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, net

Property and Equipment

As of March 31, 2024 and December 31, 2023, the Company’s property and equipment consisted of the following (table in thousands):

	March 31, 2024		December 31, 2023
Leasehold Improvements	$	1,423	$	1,423
Machinery and Equipment	11,268		11,131
Information Technology & Office Equipment	1,847		1,845
Laboratory Equipment	807		807
Total Property and Equipment	15,345		15,206
Accumulated Depreciation and Amortization	(9,211)		(8,804)
Property and Equipment, net	$	6,134	$	6,402

Depreciation and amortization expense for the three months ended March 31, 2024 and 2023 was $0.4 million and $0.2 million, respectively.