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

Property and equipment are recorded at cost and depreciated over the estimated useful lives of the underlying assets (three to five years) using the straight-line method. As of June 30, 2025, and December 31, 2024, property and equipment consists of (table in thousands):

 

   June 30, 2025   December 31, 2024 
Lab equipment (excluding equipment under finance leases)  $1,765   $1,765 
Finance lease right-of-use lab equipment obtained in exchange for finance lease liabilities, net   162    162 
Computer and office equipment   155    155 
Total property and equipment   2,082    2,082 
Less: accumulated depreciation and amortization   (1,975)   (1,929)
Property and equipment, net  $107   $153