Property and Equipment, Net

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment, net consisted of the following at March 31, 2024 and December 31, 2023 (in thousands):

	March 31, 2024		December 31, 2023
Laboratory equipment	$	13,229	$	12,596
Furniture and fixtures	2,228		2,228
Computer equipment	431		431
Leasehold improvements	1,859		1,859
Total property and equipment	17,747		17,114
Less: accumulated depreciation	(6,745)		(5,923)
Property and equipment, net	$	11,002	$	11,191

Depreciation expense for the three months ended March 31, 2024 and 2023 was $0.9 million and $0.5 million, respectively.