Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2021
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.......................................................................... 5 years
Computers and software.................................................................. 3 years
R&D lab equipment.......................................................................... 5 years
Furniture and fixtures........................................................................ 5 years
Leasehold improvements..................................................................
Shorter of the remaining lease term or useful life of 5 years
Property and equipment, net consisted of the following:
December 31,
2021 2020
(In thousands)
Computers and software $ 1,397  $ 510 
R&D lab equipment 2,283  469 
Furniture and fixtures 88  40 
Leasehold improvements 2,771  1,828 
Construction in progress 6,273  — 
Total property, plant and equipment 12,812  2,847 
Less accumulated depreciation and amortization (2,766) (1,841)
Property, plant and equipment, net $ 10,046  $ 1,006