Property and equipment

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property and equipment

Property and equipment

Property and equipment consist of the following as of December 31, 2025 and 2024:

(In thousands)	2025		2024
Property and equipment
Leasehold improvements	$	3,507	$	3,527
Furniture and computer equipment	265		267
Manufacturing and other equipment	4,607		3,919
Construction in-progress	11,268		2,419
Subtotal	19,647		10,132
Less: Accumulated depreciation	(4,934)		(4,158)
Property and equipment, net	$	14,713	$	5,974

Depreciation expense for property and equipment was $0.8 million, $0.6 million, and $0.7 million for the years ended December 31, 2025, 2024, and 2023, respectively.