Property, Equipment and Intangible Assets, net

12 Months Ended

Dec. 31, 2025

Property, Equipment and Intangible Assets, net

Property, Equipment and Intangible Assets, net

9. Property, Equipment and Intangible Assets, net

Property, equipment and intangible assets, net consisted of the following as of December 31, 2025 and 2024 (in thousands):


	December 31,
	2025		2024
Property and equipment
Machinery and laboratory equipment	$	3,904	$	3,156
Office furniture and equipment		611		606
Leasehold improvements		2,200		2,201
Intangible assets
Sensor insertion network assets		800		800
Less: Accumulated depreciation and amortization		(3,315)		(2,689)
Property, equipment and intangible assets, net	$	4,200	$	4,074

Depreciation and amortization expense for the years ended December 31, 2025 and 2024 was $0.6 million and $0.6 million, respectively. There were no material disposals during 2025. During 2024, the Company disposed of fully depreciated office furniture and equipment in the amount of $0.4 million. There was no gain or loss on these disposals.

In November 2024, the Company acquired the sensor insertion network assets of NPG to directly contract with healthcare providers under our Eon Care subsidiaries. The purchase price of $0.7 million was satisfied in exchange for the settlement of a portion of NPG’s outstanding accounts receivable balance. The total value of the sensor insertion network assets of $0.8 million includes the agreed-upon purchase price, the fair value of contingent consideration, and transaction costs. These intangible assets will allow us to further expand patient access to sensor insertion options and enhance convenience. The intangible assets will be amortized over a 5-year period. Over the next five years, the annual amortization expense for these finite life intangible assets will total approximately $0.6 million, as follows: less than $0.2 million in each of the years 2026-2028 and $0.1 million in 2029.

Senseonics Holdings, Inc. 10-K