Other Financial Statement Information

6 Months Ended

Jun. 30, 2024

Balance Sheet Related Disclosures [Abstract]

Other Financial Statement Information

4.OTHER FINANCIAL STATEMENT INFORMATION

Inventory

Inventory consists of the following (in thousands):

	June 30, 2024		December 31, 2023
Raw materials	$	2,775	$	2,118
Work-in-progress		96		163
Finished goods		4,710		2,210
Total inventory	$	7,581	$	4,491

Property and Equipment, Net

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

	June 30, 2024			December 31, 2023
Laboratory equipment	$	29,016		$	28,563
Computer equipment and software		862			868
Furniture and fixtures		678			672
Leasehold improvements		3,577			3,520
Construction-in-progress		1,752			1,109
Property and equipment		35,885			34,732
Less: accumulated depreciation and amortization		(15,449	)		(12,539	)
Total property and equipment, net	$	20,436		$	22,193

Depreciation and amortization expense related to property and equipment was $1.5 million and $1.3 million for the three months ended June 30, 2024 and 2023, respectively. Depreciation and amortization expense related to property and equipment was $3.0 million and $2.6 million for the six months ended June 30, 2024 and 2023, respectively.

Accrued Expenses

Accrued expenses consist of the following (in thousands):

	June 30, 2024		December 31, 2023
Accrued compensation	$	4,207	$	6,123
Accrued professional services		2,306		242
Accrued taxes		156		501
Other		3,146		2,346
Total accrued expenses	$	9,815	$	9,212