Property and Equipment, Net

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

4. Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):


	March 31, 2026			December 31, 2025
Laboratory equipment	$	23,852		$	23,852
Computer equipment		4,058			4,058
Furniture and office equipment		4,523			4,523
Leasehold improvements		30,954			30,954
Construction in progress		861			861
		64,248			64,248
Less: Accumulated depreciation and amortization		(57,394	)		(56,613	)
	$	6,854		$	7,635

Depreciation and amortization expense was $781 and $1,076 for the three months ended March 31, 2026 and 2025 respectively. The Company did not dispose of any assets during the three months ended March 31, 2026 or 2025.