Property and equipment, net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and equipment, net

Property and equipment, net

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

	December 31, 2021
	Cost		Accumulated Amortization		Net Book Value
Laboratory equipment	$	6,237	$	1,006	$	5,231
Furniture, fixtures, and IT equipment	1,850		629		1,221
	$	8,087	$	1,635	$	6,452

	December 31, 2020
	Cost		Accumulated Amortization		Net Book Value
Laboratory equipment	$	3,402	$	426	$	2,976
Furniture, fixtures, and IT equipment	753		159		594
	$	4,155	$	585	$	3,570

Depreciation expense on property and equipment totaled $1.1 million and $0.6 million for the years ended December 31, 2021 and 2020, respectively.