Property and Equipment, Net

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

7. Property and Equipment, Net

Property and equipment, net consisted of the following as of (in thousands):

	March 31, 2024			December 31, 2023
Lab equipment	$	1,382		$	1,382
Furniture and fixtures		341			341
Computer equipment		85			85
Leasehold improvements		940			940
Total property and equipment		2,748			2,748
Less accumulated depreciation		(1,089	)		(966	)
Property and equipment, net	$	1,659		$	1,782

Depreciation expense for the three months ended March 31, 2024 and 2023 was $0.1 million in each period. No impairment losses occurred in the three months ended March 31, 2024 and 2023. The Company had no losses on disposal of fixed assets for the three months ended March 31, 2024 and 2023.