Other Financial Statement Information

12 Months Ended

Dec. 31, 2023

Balance Sheet Related Disclosures [Abstract]

Other Financial Statement Information

4.OTHER FINANCIAL STATEMENT INFORMATION

Inventory

Inventory consists of the following (in thousands):

	December 31,
	2023		2022
Raw materials	$	2,118	$	2,129
Work-in-progress		163		271
Finished goods		2,210		2,227
Total inventory	$	4,491	$	4,627

Property and Equipment, Net

Property and equipment, net consists of the following (in thousands):

	December 31,
	2023			2022
Laboratory equipment	$	28,563		$	21,122
Computer equipment and software		868			876
Furniture and fixtures		672			575
Leasehold improvements		3,520			3,375
Construction-in-progress		1,109			1,281
Property and equipment		34,732			27,229
Less: accumulated depreciation and amortization		(12,539	)		(7,821	)
Total property and equipment, net	$	22,193		$	19,408

Depreciation and amortization expense related to property and equipment was $5.6 million and $3.9 million for the years ended December 31, 2023 and 2022, respectively.

Accrued Expenses

Accrued expenses consist of the following (in thousands):

	December 31,
	2023		2022
Accrued compensation	$	6,123	$	6,139
Accrued taxes		501		335
Accrued professional services		242		322
Other		2,346		1,502
Total accrued expenses	$	9,212	$	8,298