v3.26.1
Property and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net consists of the following:

 

 

 

March 31, 2026

 

 

December 31, 2025

 

 

 

(in thousands)

 

Laboratory equipment

 

$

39,602

 

 

$

38,462

 

Leasehold improvements

 

 

39,061

 

 

 

39,061

 

Computer equipment, software, and other

 

 

4,156

 

 

 

4,138

 

Total property and equipment, at cost

 

 

82,819

 

 

 

81,661

 

Less: Accumulated depreciation

 

 

(57,146

)

 

 

(54,755

)

Property and equipment, net

 

$

25,673

 

 

$

26,906