Other Financial Statement Information

3 Months Ended

Mar. 31, 2025

Balance Sheet Related Disclosures [Abstract]

OTHER FINANCIAL STATEMENT INFORMATION

Inventory

Inventory consists of the following (in thousands):


	March 31, 2025		December 31, 2024
Raw materials	$	3,423	$	3,164
Work-in-progress		107		76
Finished goods		3,540		4,196
Total inventory	$	7,070	$	7,436

Property and Equipment, Net

Property and equipment, net consists of the following (in thousands):


	March 31, 2025			December 31, 2024
Laboratory equipment	$	27,780		$	28,723
Computer equipment and software		2,285			1,984
Furniture and fixtures		681			681
Leasehold improvements		3,577			3,577
Construction-in-progress		395			424
Property and equipment		34,718			35,389
Less: accumulated depreciation and amortization		(17,679	)		(16,814	)
Total property and equipment, net	$	17,039		$	18,575

For the three months ended March 31, 2025 and 2024, the Company recognized depreciation and amortization expense of $1.6 million and $1.5 million, respectively.

Accrued Expenses

Accrued expenses consist of the following (in thousands):


	March 31, 2025		December 31, 2024
Accrued compensation	$	3,971	$	5,972
Accrued professional services		532		320
Accrued taxes		499		471
Other		914		1,174
Total accrued expenses	$	5,916	$	7,937