v3.26.3
Property and Equipment
9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consists of the following (in thousands):
September 30, 2026December 31, 2025
Laboratory equipment$9,526 $8,419 
Computer equipment and software416 417 
Leasehold improvements6,827 4,177 
Furniture and fixtures307 269 
Office equipment170 170 
Construction in process392 3,466 
Total property and equipment17,638 16,918 
Less: Accumulated depreciation(6,907)(4,733)
Property and equipment, net$10,731 $12,185 
Depreciation expense was $0.8 million and $0.6 million for the three months ended September 30, 2026 and 2025, respectively, and $2.2 million and $1.8 million for the nine months ended September 30, 2026 and 2025, respectively.