v3.26.1
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net

7. Property and Equipment, Net

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

 

 

June 30,
2026

 

 

December 31,
2025

 

Lab equipment

 

$

1,382

 

 

$

1,382

 

Furniture and fixtures

 

 

351

 

 

 

351

 

Computer equipment

 

 

89

 

 

 

89

 

Leasehold improvements

 

 

1,001

 

 

 

1,001

 

Total property and equipment

 

 

2,823

 

 

 

2,823

 

Less accumulated depreciation

 

 

(2,019

)

 

 

(1,844

)

Property and equipment, net

 

$

804

 

 

$

979

 

Depreciation expense was approximately $0.1 million and $0.2 million, respectively, for the three and six months ended June 30, 2026, and $0.1 million and $0.2 million, respectively, for the three and six months ended June 30, 2025. No impairment losses occurred in the three and six months ended June 30, 2026 and 2025. The Company had no losses on disposal of fixed assets for the three and six months ended June 30, 2026 and 2025.