v3.26.1
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property and Equipment, Net  
Property and Equipment, Net

4. Property and Equipment, Net

Property and equipment, net consists of the following as of June 30, 2026 and December 31, 2025:

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Laboratory equipment

 

$

 

6,963

 

 

$

 

6,381

 

Furniture and fixtures

 

 

 

681

 

 

 

 

681

 

Leasehold improvements

 

 

 

5,124

 

 

 

 

5,124

 

Construction in process

 

 

 

—

 

 

 

 

459

 

Total property and equipment

 

 

 

12,768

 

 

 

 

12,645

 

Less: accumulated depreciation

 

 

 

(9,409

)

 

 

 

(8,753

)

Property and equipment, net

 

$

 

3,359

 

 

$

 

3,892

 

 

The Company recognized depreciation and amortization expense related to property and equipment of $0.3 million and $0.4 million for the three months ended June 30, 2026 and 2025, respectively. The Company recognized depreciation and amortization expense related to property and equipment of $0.7 million and $0.9 million for the six months ended June 30, 2026 and 2025, respectively.