Property and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

7. Property and Equipment

Property and equipment consist of the following (in thousands):

	December 31, 2024			December 31, 2023
Equipment	$	5,098		$	4,269
Leasehold improvements		2,916			2,911
		8,014			7,180
Less: Accumulated depreciation		(4,441	)		(3,876	)
Net property and equipment	$	3,573		$	3,304

The Company retired less than $0.1 million and approximately $0.2 million of fully depreciated assets during the years ended December 31, 2024 and 2023, respectively. The Company had approximately $0.9 million and $0.1 million of property and equipment additions during the years ended December 31, 2024 and 2023, respectively, associated with the APT acquisition as of December 31, 2024 and the buildout of the new leased space in St. Louis, Missouri as of December 31, 2023.