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PROPERTY AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment and Depreciation Expense
Property and equipment, net is recorded at cost and consisted of the following at June 30, 2024 and December 31, 2023 (in thousands):

June 30,December 31,
20242023
Computer equipment$3,567 $3,464 
Technical equipment4,232 3,135 
Facilities3,688 3,688 
Instruments3,024 3,004 
Capital projects in progress225 109 
Total property and equipment14,736 13,400 
Accumulated depreciation(11,636)(11,011)
Property and equipment, net$3,100 $2,389 

Depreciation expense for the three and six months ended June 30, 2024 and 2023 were as follows (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Depreciation expense$351 $354 $682 $709 
Schedule of Instruments at Cost and Related Accumulated Depreciation, Lessor
Instruments at cost and related accumulated depreciation where the Company is the lessor under operating leases consisted of the following at June 30, 2024 and December 31, 2023 (in thousands):

June 30,December 31,
20242023
Instruments at cost under operating leases$2,144 $2,010 
Accumulated depreciation under operating leases(1,359)(1,194)
Property and equipment under operating leases, net$785 $816