XML 48 R25.htm IDEA: XBRL DOCUMENT v3.23.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property Plant And Equipment Depreciation expense is recognized using the straight-line method over the estimated useful life of each asset as follows:

 

 

 

Estimated Useful Life

Laboratory equipment

 

5 years

Computer software and equipment

 

3 years

Office furniture and fixtures

 

7 years

Leasehold improvements

 

Shorter of useful life or remaining term of related lease

Property and equipment consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Property and equipment:

 

 

 

 

 

 

Laboratory equipment

 

$

5,022

 

 

$

5,293

 

Computer software and equipment

 

 

675

 

 

 

675

 

Office furniture and fixtures

 

 

323

 

 

 

301

 

Leasehold improvements

 

 

397

 

 

 

2,113

 

 

 

$

6,417

 

 

$

8,382

 

Accumulated depreciation

 

 

(4,174

)

 

 

(3,879

)

Property and equipment, net

 

$

2,243

 

 

$

4,503