XML 34 R22.htm IDEA: XBRL DOCUMENT v3.25.0.1
Supplemental Balance Sheet Information
12 Months Ended
Dec. 31, 2024
Supplemental Balance Sheet Information [Abstract]  
Supplemental Balance Sheet Information
12.
Supplemental Balance Sheet Information

Inventories

Inventories consist of the following as of each period:

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Raw Materials

 

$

964

 

 

$

2,335

 

Work-in-process

 

 

9,691

 

 

 

7,371

 

Total inventories

 

$

10,655

 

 

$

9,706

 

Property and equipment, net

Property and equipment consisted of the following as of each period end:

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Leasehold improvements

 

$

930

 

 

$

904

 

Lab equipment

 

 

14,446

 

 

 

15,540

 

Machinery and equipment

 

 

572

 

 

 

572

 

Computer equipment and software

 

 

1,381

 

 

 

1,279

 

Furniture and fixtures

 

 

1,272

 

 

 

1,272

 

Construction in progress

 

 

 

 

 

158

 

Property and equipment, gross

 

 

18,601

 

 

 

19,725

 

Less: accumulated depreciation

 

 

(17,307

)

 

 

(15,869

)

Property and equipment, net

 

$

1,294

 

 

$

3,856

 

Depreciation expense was $2.7 million and $3.7 million for the years ended December 31, 2024 and 2023, respectively.

Other current liabilities

Other current liabilities consisted of the following as of each period end:

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Accrued operating expenses

 

$

6,027

 

 

$

19,007

 

Current portion of operating lease liabilities

 

 

12,879

 

 

 

11,264

 

Current portion of finance lease liabilities

 

 

1,038

 

 

 

915

 

Other accrued liabilities

 

 

598

 

 

 

640

 

Total other current liabilities

 

$

20,542

 

 

$

31,826