Property and Equipment, Net

6 Months Ended

Jun. 30, 2026

Property, Plant and Equipment [Abstract]

5. Property and Equipment, Net

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


	AS OF
	JUNE 30, 2026			DECEMBER 31, 2025
Lab equipment	$	12,835		$	12,500
Furniture and fixtures		958			958
Computers and software		787			750
Leasehold improvements		874			867
		15,454			15,075
Less accumulated depreciation		(9,783	)		(8,457	)
Total property and equipment, net	$	5,671		$	6,618

The Company recognized $0.7 million and $1.3 million in depreciation expense for the three and six months ended June 30, 2026, respectively, and $0.6 million and $1.2 million in depreciation expense for the three and six months ended June 30, 2025, respectively.