PROPERTY AND EQUIPMENT, NET (Tables)

9 Months Ended

Sep. 30, 2024

PROPERTY AND EQUIPMENT, NET

Schedule of Property and equipment

Property and equipment, net consists of the following (in thousands):

	September 30,		December 31,
	2024		2023
Leasehold improvements	$	76,847	$	76,804
Lab, process, and validation equipment		23,919		23,131
Utility equipment		5,990		5,990
Office furniture and equipment		3,456		3,297
Computer software		8,512		7,772
Computer equipment		595		542
Machinery and equipment		363		306
Construction in progress		29,663		24,101
Total property and equipment, cost	$	149,345	$	141,943
Less: Accumulated depreciation and amortization		(36,825)		(27,913)
Property and equipment, net	$	112,520	$	114,030