v3.25.2
Property and Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment

Property and equipment, net as of June 30, 2025 and December 31, 2024 consisted of the following:

 

 

 

June 30,
2025

 

 

December 31,
2024

 

 

 

(in thousands)

 

Laboratory equipment

 

$

3,935

 

 

$

3,785

 

Furniture and fixtures

 

 

68

 

 

 

68

 

Computer equipment

 

 

207

 

 

 

180

 

Leasehold improvements

 

 

118

 

 

 

118

 

  Total property and equipment

 

 

4,328

 

 

 

4,151

 

Less: accumulated depreciation

 

 

(3,874

)

 

 

(3,680

)

  Property and equipment, net

 

$

454

 

 

$

471

 

Summary of Depreciation Expense

Depreciation expense for the three and six months ended June 30, 2025 and 2024 was included in the condensed consolidated statements of operations and comprehensive loss as follows, and excludes trademark amortization of $3,000 and $6,000 for the three and six months ended June 30, 2025 and 2024, respectively:

 

 

 

Three Months Ended
June 30,

 

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

 

 

(in thousands)

 

General and administrative

 

$

4

 

 

$

5

 

 

 

$

8

 

 

$

10

 

Research and development

 

 

93

 

 

 

95

 

 

 

 

186

 

 

 

188

 

Depreciation total

 

$

97

 

 

$

100

 

 

 

$

194

 

 

$

198