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Property and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
4. Property and Equipment, Net
Property and equipment, net consisted of the following as of (in thousands):
 
    
December 31,
 
    
2023
    
2022
 
Lab equipment
  
$
1,382
 
   $ 1,382  
Furniture and fixtures
  
 
341
 
     341  
Computer equipment
  
 
85
 
     85  
Leasehold improvements
  
 
940
 
     935  
  
 
 
    
 
 
 
Total property and equipment
  
 
2,748
 
     2,743  
Less accumulated depreciation
  
 
(966
     (467
  
 
 
    
 
 
 
Property and equipment, net
  
$
1,782
 
   $ 2,276  
  
 
 
    
 
 
 
Depreciation expense for the years ended December 31, 202
3
 and 202
2
 was $499 thousand and $370 thousand, respectively. No impairment losses occurred in 2023 and 2022. The Company had a loss on disposal of fixed assets of $23 thousand for the year ended December 31, 2022.