XML 26 R16.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 7. Property, Plant and Equipment

Property, plant and equipment consists of the following (in thousands):

 

 

As of December 31,

 

 

2023

 

 

2022

 

Computer equipment

 

$

2,795

 

 

$

2,363

 

Lab equipment

 

 

7,151

 

 

 

5,055

 

Leasehold improvements

 

 

3,148

 

 

 

2,961

 

Construction in progress

 

 

1,434

 

 

 

1,488

 

Testing equipment

 

 

1,455

 

 

 

692

 

Manufacturing equipment

 

 

4,269

 

 

 

1,831

 

Furniture, fixtures and other equipment

 

 

458

 

 

 

535

 

Total property, plant and equipment

 

 

20,710

 

 

 

14,925

 

Less: accumulated depreciation

 

 

(8,596

)

 

 

(5,205

)

Total property, plant and equipment, net

 

$

12,114

 

 

$

9,720

 

 

Depreciation related to property, plant and equipment was $3.7 million, $2.4 million and $1.1 million for the years ended December 31, 2023, 2022 and 2021, respectively.