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Property and Equipment, net
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, net
Note 8. Property and Equipment, net
Property and equipment, net consists of the following (in thousands):
June 30,
2026
December 31,
2025
Office equipment$25,487 $24,411 
Laboratory equipment261,337 258,003 
Computer equipment167,619 152,156 
Land11,156 11,273 
Building and leasehold improvements606,693 610,027 
Operating lease right-of-use assets14,365 19,596 
Construction in progress26,726 30,485 
1,113,383 1,105,951 
Less accumulated depreciation and amortization(403,914)(375,066)
Property and equipment, net$709,469 $730,885 
In May 2024, we purchased additional property in Wilmington, Delaware, including land, office buildings and parking garages for a purchase price of $48.7 million. Subsequent to the purchase, we incurred additional construction costs of approximately $28.6 million through December 2025. During December 2025, the downtown Wilmington, Delaware properties met the criteria to be classified as assets held for sale. As a result of this classification, we recorded an asset impairment charge of $76.3 million on our consolidated statement of operations for the year ended December 31, 2025 relating to the downtown Wilmington properties in order to reflect the properties at the lower of their carrying amount or estimated fair value less cost to sell as of December 31, 2025. The estimated fair value less cost to sell of the properties was recorded within the Prepaid expenses and other current assets line item on our consolidated balance sheet as of December 31, 2025. During the three months ended March 31, 2026, we sold these downtown properties, and recognized an additional $23.2 million of expenses relating to disposal costs, which are included in Asset impairment and related disposal costs in the condensed consolidated statements of operations.