Property and Equipment, Net

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:


	March 31,			December 31,
(in thousands)	2024			2023
Trocars	$	4,644		$	4,644
Leasehold improvements		2,206			1,506
Office equipment		374			253
Computer software		140			140
Furniture and fixtures		330			181
Computer equipment		127			108
Construction in process		121			—
Property and equipment		7,942			6,832
Less: Accumulated depreciation		(5,751	)		(5,614	)
Property and equipment, net	$	2,191		$	1,218

Total depreciation expense related to property and equipment was $0.1 million and $0.3 million for the three months ended March 31, 2024 and 2023, respectively. Total depreciation expense was included in Selling, general and administrative expense in the unaudited condensed consolidated statements of operations and comprehensive income (loss). The Company has not acquired any property and equipment under finance leases.

The Company’s property and equipment are all held within the United States.