Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of Property and Equipment, Net Depreciation is computed using the straight-line method over the estimated useful lives of the respective assets, as follows:
Estimated useful life
Equipment on lease.......................................................................... 3 - 5 years
Computers and software.................................................................. 1 - 3 years
R&D lab equipment.......................................................................... 3 - 5 years
Furniture and fixtures........................................................................ 3 - 5 years
Leasehold improvements..................................................................
Shorter of the remaining lease term or useful life of 10 years
Property and equipment, net consisted of the following:
December 31,
2022 2021
(In thousands)
Computers and software $ 2,222  $ 1,397 
R&D lab equipment 7,379  2,283 
Furniture and fixtures 181  88 
Leasehold improvements 16,273  2,771 
Construction in progress —  6,273 
Total property, plant and equipment 26,055  12,812 
Less accumulated depreciation and amortization (6,243) (2,766)
Property, plant and equipment, net $ 19,812  $ 10,046