Property and Equipment, Net

9 Months Ended

Sep. 30, 2021

Property Plant And Equipment [Abstract]

Property and Equipment, Net

8. Property and equipment, net

Property and equipment, net consists of the following:

	September 30, 2021			December 31, 2020
	(in thousands)
Laboratory equipment	$	41,585		$	26,958
Leasehold improvements		26,109			15,598
Construction in progress		10,293			11,180
Computer equipment, software, and other		930			776
Total property and equipment, at cost		78,917			54,512
Less: Accumulated depreciation		(15,472	)		(7,737	)
Property and equipment, net	$	63,445		$	46,775

Depreciation expense was $2.8 million and $1.6 million for the three months ended September 30, 2021 and 2020, respectively, and $7.7 million and $4.2 million for the nine months ended September 30, 2021 and 2020, respectively.