Property and equipment, net

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Property and equipment, net

Property and equipment, net

Property and equipment as of March 31, 2022 and December 31, 2021 consists of the following (in thousands):

	March 31,		December 31,
	2022		2021
Construction in progress	$	304	$	933
Lab Equipment	32,138		27,776
Software	308		311
Furniture, Fixtures and Other	4,955		4,804
Leasehold Improvements	25,350		24,671
Total Cost	63,055		58,495
Less accumulated depreciation and amortization	(8,444)		(6,381)
Property and equipment, net	$	54,611	$	52,114

Depreciation expense was $2.1 million and $0.4 million for the three months ended March 31, 2022 and 2021, respectively.