Property and Equipment, Net

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

. Property and Equipment, Net

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

	March 31, 2025			December 31, 2024
Lab equipment	$	1,382		$	1,382
Furniture and fixtures		351			351
Computer equipment		89			89
Leasehold improvements		1,001			1,001
Total property and equipment		2,823			2,823
Less accumulated depreciation		(1,572	)		(1,453	)
Property and equipment, net	$	1,251		$	1,370

Depreciation expense for the three months ended March 31, 2025 and 2024 was approximately $0.1 million in each period. No impairment losses occurred in the three months ended March 31, 2025 and 2024. The Company had no losses on disposal of fixed assets for the three months ended March 31, 2025 and 2024.