XML 21 R11.htm IDEA: XBRL DOCUMENT
v3.24.3

PROPERTY AND EQUIPMENT, NET | 9 Months Ended
--- | ---
Sep. 30, 2024
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT, NET | NOTE 3 – PROPERTY AND EQUIPMENT, NET Property and equipment are stated at cost and depreciated or amortized using the straight-line method based on useful lives as follows (in thousands): SCHEDULE OF PROPERTY AND EQUIPMENT
|  | Useful lives (years) |  | September 30, 2024 |  |  | December 31, 2023 |
Laboratory equipment |  | 5 |  | $ | 8,581 |  |  | $ | 6,935 |
Furniture, software and office equipment |  | 3 to 5 |  |  | 1,113 |  |  |  | 986 |
Leasehold improvements |  | Shorter of remaining lease term or useful life |  |  | 8,805 |  |  |  | 8,603 |
Subtotal |  |  |  |  | 18,499 |  |  |  | 16,524 |
Less: accumulated depreciation |  |  |  |  | (14,441 | ) |  |  | (12,991 | )
Total property and equipment, net |  |  |  | $ | 4,058 |  |  | $ | 3,533 |
Depreciation and amortization are reflected in research and development and general and administrative expenses in the consolidated statements of operations and comprehensive loss, as determined by the underlying activities. Depreciation and amortization on property and equipment was $0.5 million and $0.5 million for the three months ended September 30, 2024 and 2023, respectively and $1.5 million and $1.8 million for the nine months ended September 30, 2024 and 2023, 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