Property and Equipment, Net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

5) Property and Equipment, Net

Property and equipment, net consists of the following:

		December 31,
	Useful life	2021		2020
	(in years)
Production tooling	4	$	10,158	$	3,925
Lab equipment	4		4,489		1,757
Office equipment	3 – 7		1,893		1,077
Leasehold improvements	*		395		129
Construction in progress			256		—
Property and equipment, gross			17,191		6,888
Less: Accumulated depreciation			6,101		4,719
Property and equipment, net		$	11,090	$	2,169

*        Leasehold improvements are amortized over the shorter of the remaining lease term or estimated useful life of the leasehold improvement.

The Company recognized depreciation expense of $1,198 and $947 for the years ended December 31, 2021 and 2020, respectively.

Fixed assets not yet in service consist primarily of capitalized internal-use software and certain tooling and other equipment that have not been placed into service.