Property and Equipment, Net

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment, net consisted of the following at December 31 (in thousands):

	2023		2022
Laboratory equipment	$	12,596	$	8,335
Furniture and fixtures	2,228		161
Computer equipment	431		43
Leasehold improvements	1,859		1,859
Construction in progress	—		584
Total property and equipment	17,114		10,982
Less: accumulated depreciation	(5,923)		(3,301)
Property and equipment, net	$	11,191	$	7,681

Depreciation expense for the years ended December 31, 2023 and 2022 was $2.8 million and $1.9 million, respectively.