Property and Equipment, Net

9 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

5. Property and Equipment, Net

Property and equipment, net consisted of the following:

	September 30,			December 31,
(in thousands)	2021			2020
Furniture and equipment	$	108		$	40
Laboratory equipment		7,451			5,247
Computer equipment		194			167
Property and equipment, gross		7,753			5,454
Accumulated depreciation		(1,763	)		(726	)
Property and equipment, net	$	5,990		$	4,728

Depreciation expense for the three and nine months ended September 30, 2021 was $0.3 million and $1.0 million, respectively, and for the three and nine months ended September 30, 2020 was $0.2 million and $0.4 million, respectively.