June 30, 
   2025   2024 
Cost:        
Laboratory equipment  $8,126   $7,166 
Computers and peripheral equipment   1,800    1,775 
Office furniture and equipment   711    682 
Leasehold improvements   9,172    8,765 
Total cost   19,809    18,388 
Accumulated depreciation:          
Laboratory equipment   6,794    6,615 
Computers and peripheral equipment   1,725    1,638 
Office furniture and equipment   684    682 
Leasehold improvements   8,783    8,765 
Total accumulated depreciation   17,986    17,700 
Property and equipment, net  $1,823   $688 

Historical Timeline

Fiscal YearFiled
2025Sep 17, 2025Showing above
2024Sep 18, 2024
2023Sep 12, 2023
2022Sep 21, 2022
2021Sep 13, 2021
2020Sep 10, 2020
2019Sep 12, 2019
2018Sep 12, 2018
2017Sep 7, 2017
2016Sep 7, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.