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Property and Equipment, Net (Tables)
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment consist of the following (in thousands):

 

 

September 30,
2022

 

 

December 31,
2021

 

Leasehold improvements

 

$

58,151

 

 

$

57,760

 

Lab equipment

 

 

40,531

 

 

 

29,905

 

Furniture and fixtures

 

 

3,738

 

 

 

3,679

 

Computer equipment

 

 

1,925

 

 

 

1,646

 

Construction in process

 

 

33,061

 

 

 

7,349

 

Total property and equipment

 

 

137,406

 

 

 

100,339

 

Less accumulated depreciation

 

 

(26,226

)

 

 

(16,081

)

Property and equipment, net

 

$

111,180

 

 

$

84,258

 

Summary of Depreciation Expense Incurred

The following table summarizes depreciation expense incurred (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Depreciation expense

 

$

3,473

 

 

$

1,675

 

 

$

10,153

 

 

$

4,642