XML 31 R12.htm IDEA: XBRL DOCUMENT v3.22.4
Property and Equipment, Net
12 Months Ended
Dec. 31, 2022
Property and Equipment, Net  
Property and Equipment, Net

5. Property and Equipment, Net

Property and equipment consist of the following:

December 31, 

December 31, 

(in thousands)

    

2022

    

2021

Research equipment

$

17,244

$

16,482

Leasehold improvements

 

9,336

 

8,566

Computer equipment

 

908

 

1,143

Furniture and fixtures

 

186

 

167

Construction in progress

 

853

 

371

Property and equipment, gross

 

28,527

 

26,729

Less: accumulated depreciation and amortization

 

(16,630)

 

(12,737)

Property and equipment, net

$

11,897

$

13,992

Construction in progress at December 31, 2022 and 2021 consists of the costs incurred for research equipment and for the build-out of additional lab and office space.

Depreciation and amortization expense was $4.1 million and $4.3 million for the years ended December 31, 2022 and 2021, respectively.