Property and Equipment, Net

6 Months Ended

Jun. 30, 2026

Property, Plant and Equipment [Abstract]

Note 5. Property and equipment, net

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


	June 30,			December 31,
	2026			2025
Laboratory equipment	$	4,355		$	4,429
Furniture and fixtures		3,712			3,712
Leasehold improvements		16,313			16,313
Computer equipment and software		1,562			1,510
Property and equipment		25,942			25,964
Less accumulated depreciation and amortization		(14,026	)		(12,661	)
Property and equipment, net	$	11,916		$	13,303

Depreciation and amortization expense related to property and equipment was $716,000 and $1.4 million for the three and six months ended June 30, 2026, respectively, and $787,000 and $1.6 million for the three and six months ended June 30, 2025, respectively.