XML 21 R15.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Property and Equipment , Net | 6 Months Ended
--- | ---
Jun. 30, 2024
Property, Plant and Equipment [Abstract] |
Property and Equipment, Net | 6. Property and Equipment, Net Property and equipment, net, as of June 30, 2024 and December 31, 2023 was comprised as follows (in thousands):
|  | Estimated Useful Life (in Years) |  | June 30, 2024 |  |  | December 31, 2023 |
Laboratory equipment |  | 5 |  | $ | 11,560 |  |  | $ | 11,187 |
Furniture and office equipment |  | 4 |  |  | 477 |  |  |  | 481 |
Computer equipment |  | 3 |  |  | 241 |  |  |  | 241 |
Leasehold improvements |  | Shorter of useful life or remaining lease term |  |  | 3,356 |  |  |  | 3,356 |
Construction in progress |  |  |  |  | 18,345 |  |  |  | 8,242 |
Total property and equipment, gross |  |  |  |  | 33,979 |  |  |  | 23,507 |
Less: accumulated depreciation |  |  |  |  | (9,275 | ) |  |  | (7,842 | )
Total property and equipment, net |  |  |  | $ | 24,704 |  |  | $ | 15,665 |
As of June 30, 2024 and December 31, 2023, the Company had construction in progress of $18.3 million and $8.2 million, predominately related to laboratory equipment received but not yet installed and capitalizable costs related to the Company’s future corporate headquarters. Depreciation expense for the six months ended June 30, 2024 and 2023 was $1.4 million and $1.7 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration