v3.25.2
Property and Equipment, net
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment, net consisted of the following:
June 30, 2025December 31, 2024
Laboratory equipment$24,292 $18,267 
Leasehold improvements14,685 14,655 
Computer equipment8,269 6,912 
Building under finance lease4,529 4,529 
Equipment under finance leases1,557 3,293 
Furniture, fixtures and other equipment584 584 
Construction in-progress9,039 4,960 
Total property and equipment62,955 53,200 
Less: accumulated depreciation and amortization(22,835)(20,307)
Property and equipment, net$40,120 $32,893 
For the three months ended June 30, 2025 and 2024, depreciation and amortization expense was $2.3 million and $1.7 million, respectively. For the six months ended June 30, 2025 and 2024, depreciation and amortization expense was $4.5 million and $3.5 million, respectively.
Depreciation and amortization expense is included within the condensed consolidated statements of operations and comprehensive income (loss) as follows:
Three months ended June 30,Six months ended June 30,
2025202420252024
Cost of services$1,389 $808 $2,464 $1,624 
Research and development
209 211 581 407 
General and administrative
688 693 1,413 1,423 
Total depreciation and amortization expenses
$2,286 $1,712 $4,458 $3,454