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

4. Property and Equipment

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

 

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Laboratory equipment

 

$

7,035

 

 

$

7,399

 

Leasehold improvements

 

 

3,295

 

 

 

3,295

 

Computer equipment

 

 

706

 

 

 

727

 

Furniture and fixtures

 

 

411

 

 

 

394

 

Total property and equipment

 

 

11,448

 

 

 

11,815

 

Less accumulated depreciation and amortization

 

 

(10,081

)

 

 

(9,367

)

Property and equipment, net

 

$

1,367

 

 

$

2,448

 

 

Depreciation and amortization expenses were $1.2 million for each of the years ended December 31, 2024 and 2023, respectively.