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Property and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
6.
Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

December 31,

 

 

2023

 

 

2022

 

Leasehold improvements

 

$

73,211

 

 

$

70,113

 

Laboratory and production equipment

 

 

14,093

 

 

 

14,433

 

Machinery, equipment and fixtures

 

 

7,781

 

 

 

7,780

 

Construction in progress

 

 

21

 

 

 

3,660

 

Property and equipment

 

 

95,106

 

 

 

95,986

 

Less: Accumulated depreciation and amortization

 

 

(27,278

)

 

 

(20,331

)

Property and equipment, net

 

$

67,828

 

 

$

75,655

 

 

Depreciation expense was $7,131 and $7,243 for the years ended December 31, 2023 and 2022 respectively.