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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
The Company’s property and equipment, net consisted of the following (in thousands):
Estimated
Useful Life
(in years)		December 31,
2024		December 31,
2023
Office equipment
3-7
$— $1,097 
Computer equipment5— 123 
Software3— 52 
Lab equipment
2-5
193 3,246 
Leasehold improvements
6-7
— 2,562 
Total property and equipment193 7,080 
Less: accumulated depreciation(183)(5,432)
Property and equipment, net$10 $1,648 
Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was approximately $0.8 million, $1.6 million and $1.8 million, respectively, and was recorded in general and administrative expense and research and development expense, respectively, on the consolidated statements of operations and comprehensive loss.