v3.26.1
Property and Equipment, Net
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and equipment, net Property and equipment, net
The following table shows the components of property and equipment, net (in thousands):
June 30,
2026
December 31,
2025
Laboratory equipment$12,338 $11,877 
Leasehold improvements6,838 3,518 
Building and land8,157 7,922 
Construction in progress1,616 1,417 
Office and computer equipment3,399 2,950 
Furniture and fixtures2,676 2,459 
Total property and equipment35,024 30,143 
Less: accumulated depreciation(14,223)(12,134)
Property and equipment, net$20,801 $18,009 
Total depreciation expense for the three and six months ended June 30, 2026 was $1.1 million and $2.1 million, respectively. Total depreciation expense for the three and six months ended June 30, 2025 was $1.0 million and $1.9 million, respectively.