Balance Sheet Components (Tables)
|
3 Months Ended |
Mar. 31, 2025 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| Schedule of Prepaid and Other Current Assets |
Prepaid and other current assets consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31,
2025 |
|
December 31,
2024 |
Prepaid fixed asset |
$ |
1,000 |
|
|
$ |
750 |
|
Prepaid insurance |
63 |
|
|
68 |
|
License fees |
34 |
|
|
78 |
|
Prepaid rent |
1 |
|
|
53 |
|
At-the-market receivables settled on January 1, 2025 |
— |
|
|
1,404 |
|
| Other |
63 |
|
|
56 |
|
| Total |
$ |
1,161 |
|
|
$ |
2,409 |
|
|
| Schedule of Property and Equipment, Net |
Property and equipment, net, consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31,
2025 |
|
December 31,
2024 |
| Equipment |
$ |
8,870 |
|
|
$ |
7,603 |
|
| Vehicles |
2,059 |
|
|
2,059 |
|
| Leasehold improvements |
371 |
|
|
369 |
|
| Construction-in-progress |
88 |
|
|
31 |
|
| Computers |
78 |
|
|
67 |
|
| Furniture and fixtures |
26 |
|
|
4 |
|
| Total |
11,492 |
|
|
10,133 |
|
| Less: accumulated depreciation |
(2,215) |
|
|
(1,797) |
|
| Property and equipment, net |
$ |
9,277 |
|
|
$ |
8,336 |
|
|
| Schedule of Intangible Assets, Net |
Intangible assets, net, consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31,
2025 |
|
December 31,
2024 |
| Patents |
$ |
1,800 |
|
|
$ |
1,800 |
|
| Research license |
375 |
|
|
375 |
|
| Customer relationships |
3 |
|
|
3 |
|
| Total |
2,178 |
|
|
2,178 |
|
| Less: accumulated amortization |
(1,073) |
|
|
(1,018) |
|
| Intangible assets, net |
$ |
1,105 |
|
|
$ |
1,160 |
|
|
| Schedule of Estimated Amortization of Intangible Assets |
The following table represents the total estimated amortization of intangible assets for the five succeeding years and thereafter as of March 31, 2025 (in thousands):
|
|
|
|
|
|
|
Estimated
Amortization
Expense |
|
|
| 2025 (remaining) |
$ |
166 |
|
| 2026 |
183 |
|
| 2027 |
180 |
|
| 2028 |
181 |
|
| 2029 |
180 |
|
| Thereafter |
215 |
|
| Total |
$ |
1,105 |
|
|
| Schedule of Accrued Expenses |
Accrued expenses and other current liabilities consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31,
2025 |
|
December 31,
2024 |
|
|
|
|
| Accrued project costs |
$ |
815 |
|
|
$ |
522 |
|
| Professional fees |
449 |
|
|
341 |
|
Payroll and related expense |
388 |
|
|
1,079 |
|
| Bonus |
— |
|
|
1,170 |
|
| At-the-market offering payable |
— |
|
|
1,130 |
|
| Other expenses |
41 |
|
|
534 |
|
| Total |
$ |
1,693 |
|
|
$ |
4,776 |
|
|