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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Average Estimated Useful Lives of Assets Provisions for depreciation are calculated using the straight-line method over the following average estimated useful lives of the assets:

 

 

Years

 

 

Software and computer equipment

 

 

3

 

 

Machinery and equipment

 

2-20

 

 

Furniture and fixtures

 

 

7

 

 

Leasehold improvements

 

2-10

 

*

 

* Leasehold improvements are depreciated over the shorter of the estimated life of the asset or the remaining life of the lease.

Schedule of Customers Representing Greater than 10% of Account Receivable and Total Revenue

Significant customers are those that represent greater than 10% of the Company’s total revenues or gross accounts receivable balance at each respective balance sheet date.

Customers representing greater than 10% of accounts receivable were as follows (in percentages):

 

 

As of
December 31,

 

 

 

2024

 

 

2023

 

Customer B

 

 

 

 

 

21

 

Customer D

 

 

13

 

 

 

 

Customer E

 

 

10

 

 

 

 

 

Customers representing greater than 10% of total revenues were as follows (in percentages):

 

 

For Year Ended
December 31,

 

 

 

2024

 

 

2023

 

Customer B

 

 

10

 

 

 

 

Customer C

 

 

18

 

 

 

13

 

Customer F

 

 

10

 

 

 

 

Amounts Recognized in Consolidated Statements of Operations and Comprehensive Loss Net Amounts recognized in the consolidated statements of operations and comprehensive loss were as follows (in thousands):

 

 

Year Ended December 31,

 

 

2024

 

 

2023

 

Research and development

 

$

1

 

 

$

3

 

Selling, general and administrative

 

 

511

 

 

 

714

 

Total stock-based compensation

 

$

512

 

 

$

717