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Property and Equipment, Net
 6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 5. Property and equipment, net

 

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

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Laboratory equipment

 

$

4,745

 

 

$

5,620

 

Furniture and fixtures

 

 

3,712

 

 

 

4,099

 

Leasehold improvements

 

 

16,313

 

 

 

18,173

 

Computer equipment and software

 

 

1,568

 

 

 

1,667

 

      Property and equipment

 

 

26,338

 

 

 

29,559

 

Less accumulated depreciation and amortization

 

 

(8,348

)

 

 

(7,232

)

      Property and equipment, net

 

$

17,990

 

 

$

22,327

 

Depreciation and amortization expense related to property and equipment was $1.1 million and $2.1 million for the three and six months ended June 30, 2024, respectively, and $955,000 and $1.8 million for the three and six months ended June 30, 2023, respectively.