Property and Equipment, Net

12 Months Ended

Dec. 31, 2024

Property and Equipment, Net

Property and Equipment, Net

(6) Property and Equipment, Net

Property and Equipment, net includes the following:

	December 31,		December 31,
	2024		2023
	(In thousands)
Laboratory equipment	$	10,411	$	9,848
Manufacturing equipment		3,010		2,419
Office furniture and equipment		3,965		3,738
Leasehold improvements		10,285		9,653
Construction in progress		139		787
Total property and equipment		27,810		26,445
Less: accumulated depreciation and amortization		(23,464)		(22,385)
Property and equipment, net	$	4,346	$	4,060

Depreciation and amortization expense related to property and equipment was $1.6 million, $1.5 million and $1.4 million for the years ended December 31, 2024, 2023 and 2022, respectively.