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Property and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Schedule of Property and Equipment | Property and equipment consist of the following (in thousands):
|  | As of |
|  | December 31, 2024 |  |  | December 31, 2023 |
Lab equipment |  | $ | 5,854 |  |  | $ | 6,089 |
Leasehold improvements |  |  | 28,192 |  |  |  | 24,713 |
Computer equipment |  |  | 1,305 |  |  |  | 1,221 |
Furniture and fixtures |  |  | 1,100 |  |  |  | 1,034 |
Software |  |  | 325 |  |  |  | 325 |
Vehicles |  |  | 97 |  |  |  | 97 |
Construction in process |  |  | 89 |  |  |  | — |
|  |  | 36,962 |  |  |  | 33,479 |
Less accumulated depreciation |  |  | (9,134 | ) |  |  | (5,612 | )
Total property and equipment, net |  | $ | 27,828 |  |  | $ | 27,867 |
Schedule of Depreciation Expense Related to Property and Equipment | Depreciation expense related to property and equipment was (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Direct costs and expenses |  | $ | 413 |  |  | $ | 460 |
Selling, marketing, general and administrative |  |  | 3,352 |  |  |  | 885 |
Total |  | $ | 3,765 |  |  | $ | 1,345 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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