Property and Equipment, Net

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

7. Property and Equipment, Net

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


	June 30, 2024			December 31, 2023
Lab equipment	$	1,382		$	1,382
Furniture and fixtures		351			341
Computer equipment		90			85
Leasehold improvements		940			940
Total property and equipment		2,763			2,748
Less accumulated depreciation		(1,210	)		(966	)
Property and equipment, net	$	1,553		$	1,782

Depreciation expense for the three and six months ended June 30, 2024 was approximately $0.1 million and $0.2 million, respectively, compared to $0.1 million and $0.3 million, respectively for the three and six months ended June 30, 2023. No impairment losses occurred in the six months ended June 30, 2024 and 2023. The Company had no losses on disposal of fixed assets for the six months ended June 30, 2024 and 2023.