Property and Equipment, Net

3 Months Ended

Mar. 31, 2026

4. Property and Equipment, Net

Major components of property and equipment are provided in the table below (in thousands):


	Useful Lives	March 31, 2026		December 31, 2025
Leasehold improvements	10 years	$	4,410	$	4,410
Furniture/Lab equipment	7 years		3,114		3,114
Computer equipment	5 years		97		97
Software/Website	3 years		38		38
Total property and equipment			7,659		7,659
Less accumulated depreciation and amortization			6,008		5,823
Property and equipment, net		$	1,651	$	1,836

Depreciation and amortization expense for property and equipment was $0.2 million for each of the three-month periods ended March 31, 2026 and 2025.