Property and Equipment, Net

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Note 5. Property and equipment, net

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


	March 31,			December 31,
	2026			2025
Laboratory equipment	$	4,355		$	4,429
Furniture and fixtures		3,712			3,712
Leasehold improvements		16,313			16,313
Computer equipment and software		1,542			1,510
Property and equipment		25,922			25,964
Less accumulated depreciation and amortization		(13,310	)		(12,661	)
Property and equipment, net	$	12,612		$	13,303

Depreciation and amortization expense related to property and equipment was $723,000 and $822,000 for the three months ended March 31, 2026 and 2025, respectively.