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Property and Equipment (Tables)
 12 Months Ended
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