v3.26.1
Property and Equipment
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consists of the following (in thousands):
June 30, 2026December 31, 2025
Laboratory equipment$9,416 $8,419 
Computer equipment and software417 417 
Leasehold improvements6,827 4,177 
Furniture and fixtures307 269 
Office equipment170 170 
Construction in process301 3,466 
Total property and equipment17,438 16,918 
Less: Accumulated depreciation(6,127)(4,733)
Property and equipment, net$11,311 $12,185 
Depreciation expense was $0.8 million and $0.6 million for the three months ended June 30, 2026 and 2025, respectively, and $1.4 million and $1.2 million for the six months ended June 30, 2026 and 2025, respectively.