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Property and Equipment, Net
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

4. Property and Equipment, Net

The cost and accumulated depreciation of property and equipment were as follows (in thousands):

 

 

June 30,
2024

 

 

December 31,
2023

 

Lab equipment

 

$

4,898

 

 

$

4,821

 

Computer and office equipment

 

 

1,557

 

 

 

1,446

 

Construction in process

 

92

 

 

 

69

 

Total property and equipment

 

 

6,547

 

 

 

6,336

 

Less: accumulated depreciation

 

 

(2,311

)

 

 

(1,572

)

Total property and equipment, net

 

$

4,236

 

 

$

4,764

 

Depreciation expense was $0.4 million and $0.3 million for the three months ended June 30, 2024 and June 30, 2023, respectively. Depreciation expense was $0.7 million and $0.5 million for the six months ended June 30, 2024 and June 30, 2023, respectively.