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
Property and equipment, net consisted of the following:
(in thousands)June 30,
2026		December 31,
2025
Property and equipment:
Laboratory equipment$30,208 $29,744 
Leasehold improvement7,911 7,911 
Furniture and fixture1,864 1,864 
Computer hardware and software1,122 1,122 
Construction in progress47 365 
Total property and equipment41,152 41,006 
Less: Accumulated depreciation(24,075)(20,434)
Total property and equipment, net$17,077 $20,572 
Depreciation expense related to property and equipment is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Depreciation expense$1,785 $1,864 $3,641 $3,564