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Property and equipment, net
6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and equipment, net

4. Property and equipment, net

Property and equipment, net, consisted of the following:

 

(in thousands)

 

June 30, 2023

 

 

December 31, 2022

 

Lab equipment

 

$

25,117

 

 

$

20,379

 

Leasehold improvements

 

 

266

 

 

 

266

 

Furniture and fixtures

 

 

2,311

 

 

 

2,294

 

Computer equipment

 

 

969

 

 

 

826

 

Total property and equipment

 

 

28,663

 

 

 

23,765

 

Less accumulated depreciation

 

 

(7,411

)

 

 

(4,987

)

Property and equipment, net

 

$

21,252

 

 

$

18,778

 

 

The following table summarizes depreciation expense incurred:

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

(in thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Depreciation expense

 

$

1,337

 

 

$

648

 

 

$

2,464

 

 

$

1,162