XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Summary of Significant Accounting Policies (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Accounting Policies [Abstract] |
Schedule of Cash, Cash Equivalents, and Restricted Cash | The following table provides a reconciliation of the components of cash, cash equivalents and restricted cash reported in the condensed consolidated balance sheets to the total of the amount presented in the condensed consolidated statements of cash flows:
(in thousands) |  | March 31, 2024 |  | December 31, 2023
Cash and cash equivalents |  | $ | 19,060 |  |  | $ | 16,358 |
Restricted cash |  | 560 |  |  | 560 |
Total cash, cash equivalents and restricted cash presented in the condensed consolidated statements of cash flows |  | $ | 19,620 |  |  | $ | 16,918 |
Schedule of Cash, Cash Equivalents, and Restricted Cash | The following table provides a reconciliation of the components of cash, cash equivalents and restricted cash reported in the condensed consolidated balance sheets to the total of the amount presented in the condensed consolidated statements of cash flows:
(in thousands) |  | March 31, 2024 |  | December 31, 2023
Cash and cash equivalents |  | $ | 19,060 |  |  | $ | 16,358 |
Restricted cash |  | 560 |  |  | 560 |
Total cash, cash equivalents and restricted cash presented in the condensed consolidated statements of cash flows |  | $ | 19,620 |  |  | $ | 16,918 |
Schedule of Property and Equipment, Useful Life | When assets are sold, or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts and any gain or loss is included in operating income or expense.
Asset |  | Estimated Useful Life
Lab and office equipment |  | 4 - 7 years
Computer hardware |  | 3 - 5 years
Leasehold improvements |  | Shorter of the useful life or remaining lease term
Computer software |  | Shorter of 3 years or useful life of asset
Property and equipment, net, consisted of the following as of March 31, 2024 and December 31, 2023:
(in thousands) |  | March 31, 2024 |  | December 31, 2023
Leasehold improvements |  | $ | 16,077 |  |  | $ | 16,077 |
Lab and office equipment |  | 9,485 |  |  | 9,452 |
Computer equipment and software |  | 754 |  |  | 754 |
Construction in progress |  | 1,532 |  |  | 842 |
Property and equipment, at cost |  | 27,848 |  |  | 27,125 |
Less accumulated depreciation |  | (9,891) |  |  | (8,876) |
Total property and equipment, net |  | $ | 17,957 |  |  | $ | 18,249 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash and cash equivalents. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 8 -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-8 + Details
Name: | us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration