Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net (Tables)

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Property and Equipment, Net (Tables)
 3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
March 31,
2024		 December 31,
2023
Computers and telecom equipment $ 1,481  $ 1,331 
Lab equipment 1,588  1,171 
Furniture and fixtures 111  111 
Leasehold improvements 566  566 
Leased equipment 90,200  80,206 
Capitalized software 10,520  8,629 
Sales demo equipment 2,853  2,758 
Equipment held for lease1
39,163  32,910 
Construction in progress 3,094  2,493 
149,576  130,175 
Less: Accumulated depreciation and amortization (20,234) (17,254)
$ 129,342  $ 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:
March 31,
2024		 December 31,
2023
Leased equipment $ 90,200  $ 80,206 
Accumulated depreciation (15,661) (13,283)
Leased equipment, net $ 74,539  $ 66,923