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Fixed Assets, Net
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Fixed Assets, Net
7. Fixed Assets, Net
Fixed assets are stated at cost and depreciated using the straight-line method, based on useful lives as follows (in thousands):
Estimated
Useful Life (years)
As of
Asset DescriptionJune 30, 2024December 31, 2023
Lab equipment7$24,476 $22,660 
Furniture and fixtures76,428 6,428 
Computer hardware and software
3-5
6,252 6,001 
Office equipment789 89 
Manufacturing equipment71,336 1,336 
Leasehold improvements
2-10
37,922 38,049 
Construction in progress43,616 35,449 
120,119 110,012 
Less: accumulated depreciation(47,342)(44,628)
$72,777 $65,384