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Property and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

5. Property and Equipment

Property and equipment, net consisted of the following:

 

 

 

December 31

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Laboratory equipment

 

$

14,525

 

 

$

14,119

 

Computer equipment and software

 

 

1,117

 

 

 

1,125

 

Furniture and fixtures

 

 

1,051

 

 

 

1,051

 

Leasehold improvements

 

 

2,005

 

 

 

1,983

 

Construction in progress

 

 

—

 

 

 

368

 

 

 

18,698

 

 

 

18,646

 

Less: accumulated depreciation and amortization

 

 

(16,231

)

 

 

(14,688

)

 

$

2,467

 

 

$

3,958

 

 

Depreciation and amortization expense was $1.6 million and $2.0 million for the years ended December 31, 2024 and 2023, respectively.