v3.25.1
Property and Equipment, Net
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
During the three months ended March 31, 2025, the Company’s additions to property and equipment, net were $0.01 million which related to an increase in lab equipment (three months ended March 31, 2024: $0.4 million, primarily related to an increase in leasehold improvements from the Company’s U.S. office in Germantown, Maryland).
Depreciation expense for the three months ended March 31, 2025 was $1.2 million (three months ended March 31, 2024: $0.6 million).