Property, Machinery and Equipment (Tables)

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Schedule of Property, Machinery and Equipment, Net

The estimated useful lives of fixed assets by asset category are described below:

Fixed Assets	Estimated Useful Life
Computer equipment	Three years
Furniture and fixtures	Five years
Leasehold improvements	Lesser of estimated useful life or remaining lease term (one year to seven years)
Machinery and equipment	Seven years

Property, machinery and equipment, net consisted of the following:

(in thousands)	September 30, 2024		December 31, 2023
Computer equipment	$	10	$	10
Leasehold improvements	2,391		2,394
Machinery and equipment	2,839		3,411
Property, machinery and equipment, gross	5,240		5,815
Less: accumulated depreciation	(2,871)		(2,563)
Property, machinery and equipment, net	$	2,369	$	3,252