PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2026

PROPERTY AND EQUIPMENT

Schedule of property plant and equipment

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

	As of March 31,		As of December 31,
	2026		2025
Leasehold improvements	$	9,825	$	9,646
Laboratory equipment		4,070		4,070
Computers and software		296		296
Furniture and fixtures		511		511
Construction in process		—		77
Property and equipment, at cost		14,702		14,600
Less: accumulated depreciation		(7,306)		(6,769)
Property and equipment, net	$	7,396	$	7,831