Property and Equipment, Net

3 Months Ended

Mar. 31, 2025

Property and Equipment, Net

Property and Equipment, Net

4. Property and Equipment, Net

Property and equipment, net consisted of the following:

		March 31,		December 31,
(In thousands)	2025		2024
Computer equipment	$	1,241	$	1,198
Lab equipment		3,137		3,137
Furniture and fixtures		661		661
Leasehold improvements		817		817
Property and equipment, gross		5,856		5,813
Accumulated depreciation		(4,914)		(4,805)
Property and equipment, net	$	942	$	1,008

Depreciation expense was $0.1 million and $0.2 million for the three months ended March 31, 2025 and 2024, respectively.