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Property and Equipment, Net
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 6. Property and Equipment, Net

Property and equipment, net, as of June 30, 2022 and December 31, 2021 were as follows:

 

 

June 30,

 

 

December 31,

 

(in thousands)

 

2022

 

 

2021

 

Lab equipment

 

$

3,410

 

 

$

3,327

 

Office equipment

 

 

166

 

 

 

147

 

Computer software

 

 

459

 

 

 

 

Leasehold improvements

 

 

3,956

 

 

 

3,943

 

Construction in progress

 

 

4,865

 

 

 

2,052

 

 

 

 

12,856

 

 

 

9,469

 

Less accumulated depreciation

 

 

(4,767

)

 

 

(4,297

)

Total property and equipment, net

 

$

8,089

 

 

$

5,172

 

 

Depreciation expense recorded in research and development expense and general and administrative expense for the three and six months ended June 30, 2022 and 2021 was as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

General and administrative

 

$

67

 

 

$

29

 

 

$

96

 

 

$

57

 

Research and development

 

 

220

 

 

 

226

 

 

 

386

 

 

 

442

 

Total depreciation expense

 

$

287

 

 

$

255

 

 

$

482

 

 

$

499