Property and Equipment, Net

12 Months Ended

Dec. 31, 2023

Property and Equipment, Net [Abstract]

Property and equipment, net

 4. Property and equipment, net

Major components of property and equipment are as follows (in thousands):

	Useful Lives	December 31, 2023		December 31, 2022
Leasehold improvements	10 years	$	4,328	$	4,328
Furniture/Lab equipment	7 years		2,483		2,224
Computer equipment	5 years		120		46
Software/Website	3 years		38		38
Total property and equipment			6,969		6,676
Less accumulated depreciation and amortization			4,440		3,727
Property and equipment, net		$	2,529	$	2,949

Depreciation and amortization expense amounted to approximately $0.7 million for the years ended December 31, 2023 and 2022.