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Balance Sheet Components
12 Months Ended
Dec. 31, 2023
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components

Note 4. Balance Sheet Components

Property and Equipment, Net

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

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Laboratory equipment

 

$

3,852

 

 

$

2,331

 

Computer equipment

 

 

130

 

 

 

130

 

Furniture and fixtures

 

 

409

 

 

 

325

 

Leasehold improvements

 

 

3,195

 

 

 

801

 

Construction in progress

 

 

4

 

 

 

3,170

 

Total property and equipment, gross

 

 

7,590

 

 

 

6,757

 

Less: accumulated depreciation

 

 

(2,431

)

 

 

(916

)

Total property and equipment, net

 

$

5,159

 

 

$

5,841

 

Depreciation expense was approximately $1.5 million, $0.7 million $0.2 million for the years ended December 31, 2023, 2022 and 2021, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Accrued research and development materials and services

 

$

6,952

 

 

$

6,039

 

Accrued personnel expenses

 

 

5,956

 

 

 

4,774

 

Accrued professional services

 

 

443

 

 

 

208

 

Other

 

 

192

 

 

 

636

 

Total accrued expenses and other current liabilities

 

$

13,543

 

 

$

11,657