Property and equipment

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property and equipment

3.Property and equipment

The components of property and equipment as of March 31, 2024 and December 31, 2023 were as follows (in thousands):

	March 31, 2024			December 31, 2023
Leasehold improvements	$	6,101		$	6,101
Lab equipment		6,264			5,830
Computer equipment		1,051			1,051
Furniture and office equipment		739			732
Vehicles and equipment		296			296
Asset under construction		4			4
Total, at cost		14,455			14,014
Accumulated depreciation		(11,409	)		(10,755	)
Total, net	$	3,046		$	3,259

Depreciation expense was $0.3 million and $0.5 million, respectively, for the three months ended March 31, 2024 and 2023. Finance leases are also included in property and equipment as vehicles and lab equipment on the condensed consolidated balance sheets.