Property, Equipment, and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2024

Property, Equipment, and Intangible Assets [Abstract]

Schedule of property and equipment, net

Property and equipment, net, are recorded at historical cost and consist of the following at December 31 (in thousands):

	2024		2023
Capitalized internally developed software	$	20,677	$	17,722
Leasehold improvements	11,120		11,102
Machinery and equipment	10,043		9,930
Furniture and fixtures	2,152		2,152
Construction in progress	2,394		2,566
Other	29		44
	46,415		43,516
Less: accumulated depreciation and amortization	(26,897)		(18,195)
Property and equipment, net	$	19,518	$	25,321

Schedule of company's intangible assets

The Company's intangible assets consist of the following (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
December 31, 2024:
Technology licenses	$	10,317	$	(1,401)	$	8,916
December 31, 2023:
Technology licenses	$	10,317	$	—	$	10,317

Schedule of estimated intangible asset amortization expense

Estimated amortization expense for the Company’s capitalized internally developed software assets and intangible assets over the next five years ended December 31 is as follows (in thousands):

2025		2026		2027		2028		2029
$	4,989	$	2,737	$	1,583	$	1,120	$	1,120