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Other Financial Information
 12 Months Ended
Dec. 31, 2024
Other Financial Information [Abstract]  
Other Financial Information Other Financial Information
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following (in thousands):
December 31,
 20242023
Diagnostic testing supplies$5,725 $2,871 
Other prepaid expenses and other current assets859 1,926 
Prepaid expenses and other current assets$6,584 $4,797 
Property and Equipment, net
Property and equipment consist of the following (in thousands):
December 31,
 20242023
Furniture and fixtures$105 $98 
Laboratory equipment4,248 5,312 
Computer equipment and software2,113 2,185 
Leasehold improvements3,286 3,316 
Construction in progress1,543 59 
Total property and equipment11,295 10,970 
Less: accumulated depreciation and amortization(6,012)(5,769)
Property and equipment, net$5,283 $5,201 
Depreciation and amortization expense for the years ended December 31, 2024 and 2023, was approximately $1.7 million and $2.2 million, respectively. At December 31, 2024 and 2023, the gross book value of assets under finance leases was $2.0 million and $2.5 million, respectively.
Loss on Lease Assignment
On October 24, 2023, the Company entered into an assignment and assumption (the Assignment and Assumption Agreement) of the Company’s previously executed lease agreement with Liberty Vista, LP (formerly known as Geiger Court, LLC) and Mindera Corporation (Mindera), pursuant to which the Company assigned to Mindera the lease of a building located adjacent to the Company's headquarters in Vista, CA. Under the terms of the Assignment and Assumption Agreement, Mindera assumed all obligations under the lease, effective October 31, 2023. As a result of the lease assignment, the Company derecognized the remaining balances related to the associated operating lease ROU asset of $0.7 million, operating lease liability of $0.8 million and leasehold improvements of $1.6 million, resulting in a $1.5 million loss on lease assignment. The loss was classified within selling, general and administrative expenses in the accompanying statements of operations.
Accrued and Other Current Liabilities
Accrued and other current liabilities consist of the following (in thousands):
December 31,
 20242023
Accrued payroll and related expenses$5,046 $4,738 
Other accrued liabilities2,804 2,793 
Accrued and other current liabilities$7,850 $7,531