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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND USE OF ESTIMATES (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets were comprised of the following amounts (in thousands):
December 31,
20242023
Deposits$1,404$1,172
Prepaid expenses1,2452,813
License and media rights1,0002,500
Other miscellaneous receivables545379
Total prepaid expenses and other current assets
$4,194$6,864
Schedule of Property and Equipment
Property and equipment are recorded at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows:
Building30 years
Machinery and equipment
3-12 years
Furniture and fixtures
2-7 years
Leasehold improvements
Shorter of useful life or term of lease (2-15 years)
Property and equipment consist of the following:
December 31,
 20242023
Building
$2,860 $2,860 
Machinery and equipment
16,238 16,237 
Furniture and fixtures
1,145 1,145 
Leasehold improvements
26,919 26,919 
$47,162 $47,161 
Accumulated depreciation
(27,219)(23,553)
Construction-in-process
6,394 3,905 
Total property and equipment, net
$26,337 $27,513 
Schedule of Intangible Assets
Amortization is calculated on the straight-line basis over the following estimated useful lives of the assets:
Software
2-4 years
Patents
15-20 years
Details of the Company’s intangible assets subject to amortization and indefinite-lived intangible assets and their respective carrying amounts are as follows:
As of December 31, 2024
 
Weighted-Average Remaining Useful Life (in years)
Gross
Accumulated AmortizationNet
Definite-lived intangible assets:18.26$3,847 $(2,948)$899 
Indefinite-lived intangible assets:150 — 150 
Total$3,997 $(2,948)$1,049 
As of December 31, 2023

Weighted-Average Remaining Useful Life (in years)
Gross
Accumulated AmortizationNet
Definite-lived intangibles assets :
18.50$3,478 $(2,741)$737 
Indefinite lived intangible assets:150 — 150 
Total$3,628 $(2,741)$887 
Schedule of Disaggregation of Revenue The following table sets forth the disaggregation of the Company’s revenue:
Year Ended December 31,
 20242023
Product revenue
$49,019 $63,155 
Service revenue648 — 
Total revenue
$49,667$63,155