XML 27 R15.htm IDEA: XBRL DOCUMENT v3.25.0.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
6.
Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Property and equipment

 

$

6,599

 

 

$

3,086

 

Construction in process

 

 

1,507

 

 

 

3,728

 

Leasehold improvements

 

 

4,128

 

 

 

1,008

 

Gross property and equipment

 

 

12,234

 

 

 

7,822

 

Accumulated depreciation and amortization

 

 

(4,057

)

 

 

(2,571

)

Property and equipment, net

 

$

8,177

 

 

$

5,251

 

 

Depreciation expense totaled $1.5 million and $0.5 million in the years ended December 31, 2024 and 2023, respectively.