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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consist of the following (in thousands):
December 31,
20252024
Lab equipment$3,262 $3,259 
Manufacturing equipment7,582 6,326 
Office equipment30 19 
Leasehold improvements15,418 15,396 
Software285 285 
Construction in progress324 1,308 
Total property and equipment, cost26,901 26,593 
Less accumulated depreciation(14,109)(11,171)
Property and equipment, net$12,792 $15,422 
The Company recorded depreciation and amortization expense of $3.0 million and $3.2 million for the years ended December 31, 2025 and December 31, 2024, respectively.
Management has reviewed its property and equipment for impairment whenever events and circumstances indicate that the carrying value of an asset might not be recoverable. During the year ended December 31, 2025, there were $0.1 million impairment losses, and for the year ended December 31, 2024, the Company recorded impairment losses on idle equipment of $0.1 million. Impairment losses were charged to research and development expenses in the consolidated statement of operations. Fair value for the idle assets was determined by a quoted purchase price for the assets.