v3.25.3
Fixed Assets, Net
 9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Fixed Assets, Net
7. Fixed Assets, Net
Fixed assets are stated at cost and depreciated using the straight-line method, based on useful lives as follows (in thousands):
Estimated
Useful Life (years)		As of
Asset DescriptionSeptember 30, 2025December 31, 2024
Lab equipment7$34,292 $26,753 
Furniture and fixtures76,428 6,428 
Computer hardware and software
3-5
7,628 6,485 
Office equipment7171 171 
Manufacturing equipment71,336 1,336 
Leasehold improvements
2-10
51,169 38,058 
Construction in progress—45,842 51,127 
146,866 130,358 
Less: accumulated depreciation(57,195)(50,306)
$89,671 $80,052