XML 35 R11.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

5. Property and Equipment, Net

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

 

 

December 31,
2023

 

 

December 31,
2022

 

Lab equipment

 

$

9,682

 

 

$

9,057

 

Furniture and fixtures

 

 

600

 

 

 

786

 

Computer equipment

 

 

393

 

 

 

393

 

Software

 

 

199

 

 

 

199

 

Leasehold improvements

 

 

7,102

 

 

 

7,102

 

Construction in process

 

 

 

 

 

31

 

Total property and equipment

 

 

17,976

 

 

 

17,568

 

Less: accumulated depreciation

 

 

(12,760

)

 

 

(10,662

)

Property and equipment, net

 

$

5,216

 

 

$

6,906

 

 

Depreciation expense for the years ended December 31, 2023 and 2022 was $2.2 million and $2.4 million, respectively.