Property and Equipment, Net

6 Months Ended

Jun. 30, 2021

Property Plant And Equipment [Abstract]

Property and Equipment, Net

8. Property and equipment, net

Property and equipment, net consists of the following:

	June 30, 2021			December 31, 2020
	(in thousands)
Laboratory equipment	$	37,363		$	26,958
Leasehold improvements		26,109			15,598
Construction in progress		6,887			11,180
Computer equipment, software, and other		901			776
Total property and equipment, at cost		71,260			54,512
Less: Accumulated depreciation		(12,590	)		(7,737	)
Property and equipment, net	$	58,670		$	46,775

Depreciation expense was $2.6 million and $1.4 million for the three months ended June 30, 2021 and 2020, respectively, and $4.9 million and $2.6 million for the six months ended June 30, 2021 and 2020, respectively.