Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property Plant And Equipment [Abstract]

Property and Equipment, Net

7. Property and equipment, net

Property and equipment, net consists of the following:

	December 31,
	2022			2021
	(in thousands)
Laboratory equipment	$	61,842		$	47,684
Leasehold improvements		34,427			33,848
Construction in progress		1,711			1,388
Computer equipment, software, and other		2,914			1,318
Total property and equipment, at cost		100,894			84,238
Less: Accumulated depreciation		(33,977	)		(18,774	)
Property and equipment, net	$	66,917		$	65,464

Depreciation expense was $15.6 million, $11.1 million, and $5.9 million for the years ended December 31, 2022, 2021, and 2020, respectively.