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Property and Equipment, net
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
5.
Property and Equipment, net

Property and equipment, net, consists of the following:

 

 

 

December 31,

 

($ in thousands)

 

2021

 

 

2020

 

Office and computer equipment

 

$

2,534

 

 

$

869

 

Software

 

 

1,236

 

 

 

1,153

 

Leasehold improvements

 

 

9,474

 

 

 

7,457

 

Laboratory equipment

 

 

5,110

 

 

 

5,401

 

Construction-in-progress

 

 

—

 

 

 

313

 

 

 

 

18,354

 

 

 

15,193

 

Less: accumulated depreciation

 

 

(7,413

)

 

 

(4,962

)

Property and equipment, net

 

$

10,941

 

 

$

10,231

 

 

Depreciation expense charged to the statement of operations for the year ended December 31, 2021 was $2.6 million and was $1.1 million for the year ended December 31, 2020. During the year ended December 31, 2021, the Company impaired property and equipment by $0.1 million. Refer to Note 3, Summary of Significant Accounting Policies, for further details.