v3.26.1
Other Financial Information
3 Months Ended
Mar. 31, 2026
Other Financial Information [Abstract]  
Other Financial Information Other Financial Information
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following (in thousands):
                                                                     
 March 31, 2026December 31, 2025
Diagnostic testing supplies$4,098 $3,296 
Prepaid maintenance and insurance contracts1,476 1,302 
Loan commitment fees685 1,182 
Other prepaid expenses and other current assets38 38 
Prepaid expenses and other current assets$6,297 $5,818 
Property and Equipment, net
Property and equipment, net consist of the following (in thousands):
 
 March 31, 2026December 31, 2025
Furniture and fixtures$121 $121 
Laboratory equipment4,978 4,530 
Computer equipment and software2,302 2,121 
Leasehold improvements3,377 3,308 
Finance lease right-of-use assets3,061 3,708 
Construction in progress506 294 
Total property and equipment14,345 14,082 
Less: accumulated depreciation and amortization(7,734)(7,144)
Property and equipment, net$6,611 $6,938 
Depreciation and amortization expense for the three months ended March 31, 2026 and 2025 was approximately $0.6 million and $0.4 million, respectively. At each of March 31, 2026 and December 31, 2025, the gross book value of assets under finance leases was $3.7 million.
Accrued and Other Current Liabilities
Accrued and other current liabilities consist of the following (in thousands):
 
 March 31, 2026December 31, 2025
Accrued payroll and related expenses$3,658 $5,411 
Other accrued liabilities1,114 916 
Accrued and other current liabilities$4,772 $6,327