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Property and equipment
 9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and equipment
3.
Property and equipment

The components of property and equipment as of September 30, 2024 and December 31, 2023 were as follows (in thousands):

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Leasehold improvements

 

$

6,101

 

 

$

6,101

 

Lab equipment

 

 

5,932

 

 

 

5,830

 

Computer equipment

 

 

1,051

 

 

 

1,051

 

Furniture and office equipment

 

 

732

 

 

 

732

 

Vehicles and equipment

 

 

296

 

 

 

296

 

Asset under construction

 

 

4

 

 

 

4

 

Total, at cost

 

 

14,116

 

 

 

14,014

 

Accumulated depreciation

 

 

(11,541

)

 

 

(10,755

)

Total, net

 

$

2,575

 

 

$

3,259

 

 

Depreciation expense was $0.3 million and $0.8 million, respectively, for the three and nine months ended September 30, 2024 and $0.3 million and $1.2 million for the three and nine months ended September 30, 2023, respectively. Finance leases are also included in property and equipment as vehicles and lab equipment on the condensed consolidated balance sheets.