Property and Equipment, Net

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment, net consisted of the following at March 31, 2025 and December 31, 2024 (in thousands):

	March 31, 2025		December 31, 2024
Laboratory equipment	$	16,223	$	15,686
Furniture and fixtures	2,303		2,303
Computer equipment	431		431
Leasehold improvements	1,932		1,932
Construction in progress	90		—
Total property and equipment	20,979		20,352
Less: accumulated depreciation	(10,305)		(9,424)
Property and equipment, net	$	10,674	$	10,928

Depreciation expense for the three months ended March 31, 2025 and 2024 was $0.9 million and $0.9 million, respectively.