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Condensed Consolidated Balance Sheet Components
9 Months Ended
Sep. 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:
September 30, 2024December 31, 2023
(unaudited)
(in thousands)
Machinery and equipment
$125,296 $118,117 
Leasehold improvements
103,419 102,298 
Computer hardware
36,068 34,417 
Construction in progress
7,250 7,508 
Furniture and fixtures
7,993 7,999 
Computer software
2,063 2,065 
Property and equipment, gross
$282,089 $272,404 
Less: accumulated depreciation
(156,920)(127,308)
Property and equipment, net
$125,169 $145,096 
Depreciation expense related to property and equipment was $10.1 million and $10.3 million for the three months ended September 30, 2024, and 2023, respectively, and $30.2 million and $29.9 million for the nine months ended September 30, 2024, and 2023, respectively.
Accrued Expenses
Accrued expenses consist of the following:
September 30, 2024December 31, 2023
(unaudited)
(in thousands)
Operating lease liabilities$27,383 $27,950 
Contingent consideration arrangements12,500 6,500 
Other
31,788 29,025 
Total accrued expenses
$71,671 $63,475