XML 46 R33.htm IDEA: XBRL DOCUMENT v3.25.4
Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Property and equipment, net consisted of the following (in thousands):
As of December 31,
 20252024
Land$7,245 $7,245 
Lab equipment33,034 23,633 
Leasehold improvements14,834 14,616 
Computer equipment5,920 5,306 
Furniture and fixtures3,648 3,541 
Construction-in-progress51,059 9,614 
Total115,740 63,955 
Less: Accumulated depreciation
(18,297)(12,833)
Property and equipment, net$97,443 $51,122 
Depreciation expense was recorded in the consolidated statements of operations as follows (in thousands):
Years Ended December 31,
 202520242023
Cost of sales (exclusive of amortization of acquired intangible assets)$3,916 $2,950 $1,758 
Research and development355 354 330 
Selling, general and administrative1,662 1,587 1,229 
Total depreciation expense
$5,933 $4,891 $3,317