XML 69 R29.htm IDEA: XBRL DOCUMENT v3.25.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash and restricted cash from the consolidated balance sheets to the total amount shown in the consolidated statements of cash flows (in thousands):
As of December 31,
20242023
Cash$58,514 $39,462 
Restricted cash307 — 
Total cash and restricted cash$58,821 $39,462 
Schedule of Restricted Cash
The following table provides a reconciliation of cash and restricted cash from the consolidated balance sheets to the total amount shown in the consolidated statements of cash flows (in thousands):
As of December 31,
20242023
Cash$58,514 $39,462 
Restricted cash307 — 
Total cash and restricted cash$58,821 $39,462 
Schedule of Expected Useful Lives by Major Asset
Expected useful lives by major asset category are as follows:
Furniture and fixtures
3 to 7 years
Machinery and equipment
5 to 7 years
Leasehold improvementsShorter of the expected useful life or remaining lease term
The following table provides a summary of the major components of property and equipment as reflected on the consolidated balance sheets (in thousands):
As of December 31,
20242023
Furniture and fixtures$433 $337 
Machinery and equipment3,192 1,557 
Leasehold improvements16,089 2,086 
Construction in progress— 14,540 
Total property and equipment19,714 18,520 
Less: accumulated depreciation(3,160)(1,230)
Total property and equipment, net$16,554 $17,290