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Property and Equipment, Net
12 Months Ended
Dec. 31, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

7. Property and equipment, net

Property and equipment, net consists of the following:

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Laboratory equipment

 

$

47,684

 

 

$

29,665

 

Leasehold improvements

 

 

33,848

 

 

 

15,598

 

Construction in progress

 

 

1,388

 

 

 

8,323

 

Computer equipment, software, and other

 

 

1,318

 

 

 

926

 

Total property and equipment, at cost

 

 

84,238

 

 

 

54,512

 

Less: Accumulated depreciation

 

 

(18,774

)

 

 

(7,737

)

Property and equipment, net

 

$

65,464

 

 

$

46,775

 

 

Depreciation expense was $11.1 million, $5.9 million, and $1.8 million, respectively, for the years ended December 31, 2021, 2020, and 2019.