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FINANCIAL STATEMENT COMPONENTS (Tables)
 6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF COMPONENTS OF INVENTORY

Inventory consists of the following as of June 30, 2025 and December 31, 2024:

 

  

   June 30,   December 31, 
(in thousands)  2025   2024 
Raw materials  $2,361   $1,616 
Work in process   -    - 
Finished goods   3,767    678 
Total inventory  $6,128   $2,294 
SCHEDULE OF COMPONENTS OF PROPERTY, PLANT AND EQUIPMENT

Property and equipment consists of the following as of June 30, 2025 and December 31, 2024:

 

 

   June 30,   December 31, 
(in thousands)  2025   2024 
Production equipment  $6,140   $6,140 
Leasehold improvements   3,966    3,957 
Computer hardware and software/lab equipment   12,371    12,211 
Office furniture and equipment   5,556    4,973 
Property and equipment, gross   28,033    27,281 
Less: Accumulated depreciation   (21,294)   (20,220)
Property and equipment, net  $6,739   $7,061 
SUMMARY OF COMPONENTS OF INTANGIBLE ASSETS

The components of intangible assets were as follows as of June 30, 2025 and December 31, 2024:

 

 

As of June 30, 2025  Gross       Accumulated   Net  

Weighted

Average

 
   Carrying   Accumulated   Impairment   Carrying   Remaining 
(in thousands)  Amount   Amortization   Expense   Amount   Period (Years) 
Acquired technology  $20,172   $5,481   $4,181   $10,510    12 
 Total  $20,172   $5,481   $4,181   $10,510      

 

As of December 31, 2024  Gross       Accumulated   Net  

Weighted

Average

 
   Carrying   Accumulated   Impairment   Carrying   Remaining 
(in thousands)  Amount   Amortization   Expense   Amount   Period (Years) 
Acquired technology  $20,172   $5,019   $4,181   $10,972    13 
 Total  $20,172   $5,019   $4,181   $10,972      
SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE RELATED TO INTANGIBLE ASSETS

The following table outlines estimated future amortization expense related to intangible assets held as of June 30, 2025 by line item on the condensed consolidated statement of operations (in thousands):

  

       Research and     
   Cost of   Development     
Years Ended December 31,  Revenue   Expense   Total 
2025 (remainder of the year)  $434   $23   $457 
2026   869    30    899 
2027   829    2    831 
2028   825    -    825 
2029   825    -    825 
Thereafter   6,673    -    6,673 
 Total  $10,455   $55   $10,510