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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment, net Depreciation is recorded using the straight-line method over the estimated useful lives of the assets as follows:
Asset CategoryEstimated Useful Life
Office furniture and equipment3 years
Laboratory equipment4 years
Leasehold improvementsLesser of lease term or estimated useful lives
Property and equipment, net consists of the following (in thousands):
December 31,
2025
December 31,
2024
Office furniture and equipment$452 $1,333 
Laboratory equipment1,752 6,178 
Leasehold improvements8,910 9,282 
Property and equipment, at cost11,114 16,793 
Less: accumulated depreciation and impairment charges(7,591)(9,420)
Property and equipment, net$3,523 $7,373