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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents and Restricted Cash

Cash, cash equivalents and restricted cash were comprised of the following (in thousands):

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Cash and cash equivalents

 

$

127,965

 

 

$

163,030

 

Restricted cash, non-current

 

 

8,185

 

 

 

8,185

 

Total cash, cash equivalents and restricted cash

 

$

136,150

 

 

$

171,215

 

Schedule of Property and Equipment Estimated Useful Life Depreciation expense is recognized using the straight-line method over the useful life of the asset, which are as follows:

 

 

 

Estimated Useful Life (In Years)

Laboratory equipment

 

5

Computer equipment, furniture and office equipment

 

3

Leasehold improvements

 

Lesser of useful life
or lease term