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Condensed Consolidated Balance Sheet Components
6 Months Ended
Jun. 30, 2024
Balance Sheet Related Disclosures [Abstract]  
Condensed Consolidated Balance Sheet Components Condensed Consolidated Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consist of the following:
June 30, 2024December 31, 2023
(unaudited)
(in thousands)
Machinery and equipment
$123,738 $118,117 
Leasehold improvements
103,126 102,298 
Computer hardware
35,167 34,417 
Construction in progress
7,376 7,508 
Furniture and fixtures
7,904 7,999 
Computer software
2,016 2,065 
Property and equipment, gross
$279,327 $272,404 
Less: accumulated depreciation
(147,010)(127,308)
Property and equipment, net
$132,317 $145,096 
Depreciation expense related to property and equipment was $10.1 million and $9.9 million for the three months ended June 30, 2024, and 2023, respectively, and $20.1 million and $19.6 million for the six months ended June 30, 2024, and 2023, respectively.
Accrued Expenses
Accrued expenses consist of the following:
June 30, 2024December 31, 2023
(unaudited)
(in thousands)
Operating lease liabilities$27,663 $27,950 
Other
43,017 35,525 
Total accrued expenses
$70,680 $63,475