Leases

6 Months Ended

Jun. 30, 2025

6. Leases

We lease office and warehouse space in various locations, including our corporate headquarters in Austin, Texas. Additionally, we lease space for an applications laboratory in Austin, Texas and research and development facilities in Seguin, Texas and India. All of our manufacturing is outsourced to contract manufacturing partners, and we currently do not own or lease any manufacturing facilities.

Our expense for our operating leases consisted of the following:


	Three months ended June 30,				Six months ended June 30,
(in thousands)	2025		2024		2025		2024
Operating lease cost	$	267	$	300	$	594	$	609
Short-term lease cost		82		111		148		204
Total lease cost	$	349	$	411	$	742	$	813

Reported in:
Cost of revenue	$	188	$	259	$	371	$	495
Research and development		26		14		33		28
Selling and marketing		20		39		47		87
General and administrative		115		99		291		203
Total lease cost	$	349	$	411	$	742	$	813

Future remaining operating lease payment obligations were as follows:


(in thousands)	June 30, 2025
Remainder of 2025	$	398
2026		274
2027		242
2028		70
2029		57
Thereafter		24
Total lease payments		1,065
Less: imputed interest		(136	)
Present value of operating lease liabilities	$	929

Current portion of operating lease liability	$	493
Operating lease liability, net of current portion		436
Present value of operating lease liabilities	$	929