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


	Useful Life	June 30,			December 31,
	(In Years)	2026			2025
Laboratory equipment	5	$	15,924		$	15,062
Computer equipment	3		540			503
Software	3		314			267
Leasehold improvements	Shorter of useful life or lease term		5,166			5,124
Furniture and fixtures	5		1,969			1,517
Total property and equipment			23,913			22,473
Less: Accumulated depreciation and amortization			(15,633	)		(14,256	)
Property and equipment, net		$	8,280		$	8,217

Depreciation and amortization expense was $0.7 million and $0.7 million for the three months ended June 30, 2026 and June 30, 2025, respectively. Depreciation and amortization expense was $1.4 million and $1.3 million for the six months ended June 30, 2026 and June 30, 2025, respectively.

Accrued liabilities consisted of the following (in thousands):


	June 30,		December 31,
	2026		2025
Accrued research and development expenses	$	37,978	$	26,508
Accrued salaries and benefits		9,036		11,198
Legal and professional fees		3,336		2,124
Other		629		1,062
Accrued liabilities	$	50,979	$	40,892