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:
(in thousands)June 30,
2025		December 31,
2024
Property and equipment:
Laboratory equipment$29,377 $27,343 
Leasehold improvement7,911 5,136 
Furniture and Fixture1,864 1,075 
Computer hardware and software1,122 869 
Construction in progress230 3,578 
Total property and equipment40,504 38,001 
Less: Accumulated depreciation(16,676)(13,597)
Total property and equipment, net$23,828 $24,404 
Depreciation expense related to property and equipment is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Depreciation Expense$1,864 $1,538 $3,564 $2,853