XML 23 R12.htm IDEA: XBRL DOCUMENT v3.22.2
Property and Equipment, net
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

4. Property and Equipment, net

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

 

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Computer equipment

 

$

2,798

 

 

$

1,757

 

Furniture, fixtures and other

 

 

10,926

 

 

 

4,371

 

Laboratory equipment

 

 

35,543

 

 

 

30,123

 

Leasehold improvements

 

 

163,441

 

 

 

86,735

 

Construction work in process

 

 

3,574

 

 

 

52,396

 

Total property and equipment, gross

 

 

216,282

 

 

 

175,382

 

Accumulated depreciation

 

 

(51,088

)

 

 

(37,807

)

Total property and equipment, net

 

$

165,194

 

 

$

137,575

 

 

Depreciation expense for the three and six months ended June 30, 2022 was $7.3 million and $13.3 million, respectively. Depreciation expense for the three and six months ended June 30, 2021 was $3.6 million and $6.3 million, respectively.