XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.2
Property and Equipment, net
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
Note 9. Property and Equipment, net
Property and equipment, net consists of the following (in thousands):
June 30,
2025		December 31,
2024
Office equipment$24,371 $23,710 
Laboratory equipment250,456 229,797 
Computer equipment147,445 156,859 
Land16,103 15,395 
Building and leasehold improvements627,244 597,342 
Operating lease right-of-use assets21,894 22,230 
Construction in progress57,401 46,062 
1,144,914 1,091,395 
Less accumulated depreciation and amortization(346,371)(327,984)
Property and equipment, net$798,543 $763,411 
In May 2024, we purchased additional property in Wilmington, Delaware, including land, office buildings and parking garages for a purchase price of $48.7 million. During the year ended December 31, 2024, we capitalized $4.9 million of land and $19.5 million of building and parking garage. As of June 30, 2025 we have $39.9 million of construction in progress relating to the downtown Wilmington properties.