v3.25.1
Property and Equipment, Net
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
4.
Property and Equipment, Net

Property and equipment, net as of March 31, 2025 and December 31, 2024 consisted of the following:

 

 

 

March 31,
2025

 

 

December 31,
2024

 

 

 

(in thousands)

 

Laboratory equipment

 

$

3,934

 

 

$

3,785

 

Furniture and fixtures

 

 

68

 

 

 

68

 

Computer equipment

 

 

180

 

 

 

180

 

Leasehold improvements

 

 

118

 

 

 

118

 

  Total property and equipment

 

 

4,300

 

 

 

4,151

 

Less: accumulated depreciation

 

 

(3,777

)

 

 

(3,680

)

  Property and equipment, net

 

$

523

 

 

$

471

 

 

Depreciation expense for the three months ended March 31, 2025 and 2024 was included in the condensed consolidated statements of operations and comprehensive loss as follows:

 

 

 

March 31,

 

 

2025

 

 

2024

 

 

 

 

(in thousands)

 

 

General and administrative

 

$

4

 

 

$

4

 

 

Research and development

 

 

93

 

 

 

92

 

 

Depreciation total

 

$

97

 

 

$

96