Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net (Tables)

v3.24.2.u1
Property and Equipment, Net (Tables)
 6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
June 30,
2024		 December 31,
2023
Computers and telecom equipment $ 1,574  $ 1,331 
Lab equipment 4,494  1,171 
Furniture and fixtures 111  111 
Leasehold improvements 592  566 
Leased equipment 97,746  80,206 
Capitalized software 12,396  8,629 
Sales demo equipment 3,180  2,758 
Equipment held for lease1
22,739  32,910 
Construction in progress 1,415  2,493 
144,247  130,175 
Less: Accumulated depreciation and amortization (24,202) (17,254)
$ 120,045  $ 112,921 
1 Represents equipment that has not yet been deployed to a customer and, accordingly, is not being depreciated.
Schedule of Leased Equipment
Leased equipment and the related accumulated depreciation were as follows:
June 30,
2024		 December 31,
2023
Leased equipment $ 97,746  $ 80,206 
Accumulated depreciation (18,896) (13,283)
Leased equipment, net $ 78,850  $ 66,923