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Property and Equipment, Net
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

5. Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

 

 

AS OF

 

 

JUNE 30,
2025

 

 

DECEMBER 31,
2024

 

Lab equipment

 

$

11,702

 

 

$

10,395

 

Furniture and fixtures

 

 

908

 

 

 

871

 

Computers and software

 

 

684

 

 

 

617

 

Leasehold improvements

 

 

754

 

 

 

410

 

 

 

14,048

 

 

 

12,293

 

Less accumulated depreciation

 

 

(7,162

)

 

 

(5,923

)

Total property and equipment, net

 

$

6,886

 

 

$

6,370

 

 

The Company recognized $0.6 million and $1.2 million in depreciation expense for the three and six months ended June 30, 2025, respectively, and $0.6 million and $1.2 million in depreciation expense for the three and six months ended June 30, 2024, respectively.