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Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 6. Property, Plant and Equipment

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

 

 

As of December 31,

 

 

2024

 

 

2023

 

Computer equipment

 

$

3,121

 

 

$

2,795

 

Lab equipment

 

 

8,328

 

 

 

7,151

 

Leasehold improvements

 

 

3,374

 

 

 

3,148

 

Construction in progress

 

 

243

 

 

 

1,434

 

Testing equipment

 

 

1,847

 

 

 

1,455

 

Manufacturing equipment

 

 

5,597

 

 

 

4,269

 

Furniture, fixtures and other equipment

 

 

566

 

 

 

458

 

Total property, plant and equipment

 

 

23,076

 

 

 

20,710

 

Less: accumulated depreciation

 

 

(12,744

)

 

 

(8,596

)

Total property, plant and equipment, net

 

$

10,332

 

 

$

12,114

 

 

Depreciation related to property, plant and equipment was $4.6 million, $3.7 million, and $2.4 million for the years ended December 31, 2024, 2023 and 2022, respectively.