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Property and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

3. Property and Equipment

Property and equipment consist of the following (in thousands):

 

 

December 31,

 

 

2024

 

 

2023

 

Laboratory equipment

$

19,371

 

 

$

15,653

 

Leasehold improvements

 

3,258

 

 

 

3,159

 

Furniture and fixtures

 

1,721

 

 

 

1,519

 

Office and computer equipment

 

1,496

 

 

 

1,460

 

Construction-in-progress

 

100

 

 

 

548

 

Property and equipment

 

25,946

 

 

$

22,339

 

Less: accumulated depreciation and amortization

 

(18,704

)

 

 

(14,597

)

Property and equipment, net

$

7,242

 

 

$

7,742

 

 

Depreciation and amortization expense for the years ended December 31, 2024 and 2023 was $4.1 million and $5.4 million, respectively.