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Property and Equipment
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

Property and equipment consist of the following at June 30, 2022 and December 31, 2021 (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Property and equipment:

 

 

 

 

 

 

Laboratory equipment

 

$

5,344

 

 

$

5,293

 

Computer software and equipment

 

 

675

 

 

 

675

 

Office furniture and fixtures

 

 

323

 

 

 

301

 

Leasehold improvements

 

 

2,112

 

 

 

2,113

 

 

 

$

8,454

 

 

$

8,382

 

Accumulated depreciation

 

 

(4,445

)

 

 

(3,879

)

Property and equipment, net

 

$

4,009

 

 

$

4,503

 

 

The Company recognized approximately $0.3 million and $0.3 million of depreciation expense for the three months ended June 30, 2022 and 2021, respectively, and $0.6 million and $0.4 million of depreciation expense for the six months ended June 30, 2022 and 2021, respectively.