Property and Equipment

6 Months Ended

Jun. 30, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

The following table presents the composition of property and equipment, net as of June 30, 2021 and December 31, 2020 (in thousands):

	As of June 30, 2021		As of December 31, 2020
Lab equipment	$	12,244	$	8,994
Computer hardware, software and telephone	140		140
Furniture and fixtures	114		107
Leasehold improvements	77		67
Construction in progress	986		1,042
	13,561		10,350
Less accumulated depreciation	(3,182)		(2,126)
Property and equipment, net	$	10,379	$	8,224

Depreciation expense was $0.6 million and $0.1 million for the three months ended June 30, 2021 and 2020, respectively, and $1.1 million and $0.1 million for the six months ended June 30, 2021 and 2020, respectively.