Property and Equipment, Net

12 Months Ended

Dec. 31, 2024

Property and Equipment, Net

Property and Equipment, Net

4. Property and Equipment, Net

Property and equipment, net consisted of the following:

		December 31,		December 31,
(In thousands)	2024		2023
Computer equipment	$	1,198	$	1,253
Lab equipment		3,137		3,154
Furniture and fixtures		661		558
Leasehold improvements		817		817
Property and equipment, gross		5,813		5,782
Accumulated depreciation		(4,805)		(4,162)
Property and equipment, net	$	1,008	$	1,620

Depreciation expense was $0.7 million and $0.8 million for the years ended December 31, 2024 and 2023, respectively.