Property and Equipment, Net

9 Months Ended

Sep. 30, 2022

Property Plant And Equipment [Abstract]

Property and Equipment, Net

7. Property and equipment, net

Property and equipment, net consists of the following:

	September 30, 2022			December 31, 2021
	(in thousands)
Laboratory equipment	$	59,511		$	47,684
Leasehold improvements		34,427			33,848
Construction in progress		835			1,388
Computer equipment, software, and other		2,772			1,318
Total property and equipment, at cost		97,545			84,238
Less: Accumulated depreciation		(30,196	)		(18,774	)
Property and equipment, net	$	67,349		$	65,464

Depreciation expense was $4.0 million and $2.8 million for the three months ended September 30, 2022 and 2021, respectively, and $11.4 million and $7.7 million for the nine months ended September 30, 2022 and 2021, respectively.