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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Reconciliation of Cash, Cash Equivalents and Restricted Cash A reconciliation of the cash, cash equivalents, and restricted cash reported within the balance sheet that sum to the total of the same amounts shown in the statement of cash flows is as follows:

 

 

 

December 31,

 

(in thousands)

 

2022

 

 

2021

 

Cash and cash equivalents

 

$

115,412

 

 

$

64,330

 

Restricted cash

 

 

4,824

 

 

 

5,237

 

Total cash, cash equivalents and restricted cash

 

$

120,236

 

 

$

69,567

 

Schedule of Property and Equipment Estimated Useful Life Depreciation expense is recognized using the straight-line method over the estimated useful life of each asset as follows:

 

Asset category

 

Estimated useful life

Computer equipment and software

 

3 years

Office furniture

 

4 years

Laboratory equipment

 

5 years

Leasehold improvements

 

Shorter of useful life or remaining lease term