Property and Equipment

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

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

	March 31, 2025		December 31, 2024
Machinery and Equipment	$	11,896	$	11,973
Information Technology & Office Equipment	1,845		1,845
Leasehold Improvements	1,564		1,562
Laboratory Equipment	807		807
Total Property and Equipment	16,112		16,187
Accumulated Depreciation and Amortization	(10,718)		(10,402)
Property and Equipment, net	$	5,394	$	5,785

Depreciation and amortization expense for each of the three months ended March 31, 2025 and 2024 was $0.4 million.