Balance Sheet Components

3 Months Ended

Mar. 31, 2024

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):

	March 31,			December 31,
	2024			2023
Laboratory equipment	$	3,902		$	3,852
Leasehold improvements		3,195			3,195
Computer equipment		146			130
Furniture and fixtures		409			409
Construction in progress		6			4
Total property and equipment, gross		7,658			7,590
Less: accumulated depreciation		(2,852	)		(2,431	)
Total property and equipment, net	$	4,806		$	5,159

Depreciation expense for the three months ended March 31, 2024 was $0.4 million. Depreciation expense for the three months ended March 31, 2023 was $0.3 million.

Accrued Expenses and Other Current Liabilities

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

	March 31,		December 31,
	2024		2023
Accrued research and development materials and services	$	14,054	$	6,952
Accrued personnel expenses		2,430		5,956
Accrued professional services		669		443
Other		226		192
Total accrued expenses and other current liabilities	$	17,379	$	13,543