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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment

Property and equipment are recorded at cost and depreciated using the straight-line method over the estimated useful lives of the respective assets, which are as follows:

 

 

 

Estimated useful life

Lab equipment

 

5 years

Fixture and fittings

 

5 years

Office equipment and computers

 

3 years

Leasehold improvements

 

Shorter of useful life or remaining lease term

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

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Lab equipment

 

$

8,707

 

 

$

7,505

 

Leasehold improvements

 

 

8,929

 

 

 

7,021

 

Office equipment and computers

 

 

1,577

 

 

 

1,561

 

Fixtures and fittings

 

 

1,040

 

 

 

757

 

Assets under construction

 

 

—

 

 

 

5,351

 

 

 

 

20,253

 

 

 

22,195

 

Less: Accumulated depreciation

 

 

(7,854

)

 

 

(4,452

)

 

 

$

12,399

 

 

$

17,743