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Property and Equipment, Net
 9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

5. Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

September 30,

 

 

December 31,

 

(in thousands)

 

2024

 

 

2023

 

Laboratory equipment

 

$

10,089

 

 

$

10,028

 

Manufacturing equipment

 

 

7,065

 

 

 

6,936

 

Computer equipment

 

 

432

 

 

 

432

 

Furniture, fixtures and other

 

 

606

 

 

 

599

 

Construction in progress

 

 

35

 

 

 

146

 

Total

 

 

18,227

 

 

 

18,141

 

Less: Accumulated depreciation

 

 

(10,753

)

 

 

(8,091

)

Property and equipment, net

 

$

7,474

 

 

$

10,050

 

Depreciation expense for the three and nine months ended September 30, 2024 was $0.9 million and $2.7 million, respectively, and for the three and nine months ended September 30, 2023 was $0.9 million and $2.6 million, respectively.