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Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 6. Property, Plant and Equipment

Property, plant and equipment consisted of the following (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Computer equipment

 

$

3,023

 

 

$

2,795

 

Lab equipment

 

 

8,270

 

 

 

7,151

 

Leasehold improvements

 

 

3,362

 

 

 

3,148

 

Construction in progress

 

 

347

 

 

 

1,434

 

Testing equipment

 

 

1,956

 

 

 

1,455

 

Manufacturing equipment

 

 

5,825

 

 

 

4,269

 

Furniture, fixtures and other equipment

 

 

560

 

 

 

458

 

Total property, plant and equipment

 

$

23,343

 

 

$

20,710

 

Less: accumulated depreciation

 

 

(11,954

)

 

 

(8,596

)

Total property, plant and equipment, net

 

$

11,389

 

 

$

12,114

 

 

Depreciation related to property, plant, and equipment was $1.1 million and $0.8 million for the three months ended September 30, 2024 and September 30, 2023, respectively, and $3.4 million and $2.5 million for the nine months ended September 30, 2024, and September 30, 2023, respectively.