Property and Equipment, Net (Tables)

6 Months Ended

Jun. 30, 2026

Property, Plant, and Equipment [Abstract]

Schedule of Property and Equipment

Property and equipment consist of the following (in thousands):


		June 30, 2026				December 31, 2025
Leasehold improvements		$	111,941			$	110,760
Lab equipment			78,094				77,038
Furniture and fixtures			4,836				4,836
Computer equipment			3,170				3,170
Construction in process			4,374				2,823
Total property and equipment			202,415				198,627
Less accumulated depreciation			(104,809	)			(94,127	)
Property and equipment, net		$	97,606			$	104,500

Summary of Depreciation Expense Incurred

The following table summarizes depreciation expense incurred (in thousands):


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Depreciation expense		$	5,410			$	5,538			$	11,015			$	11,066