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PROPERTY AND EQUIPMENT, NET (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and equipment, net consisted of the following (in thousands):

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

 

    December 31,
2023
    December 31,
2022
 
    (in thousands)  
Property and equipment, net:                
Land   $ 8,011     $ 8,011  
Land improvements                      326                        79  
Buildings               66,749                 65,644  
Office furniture and equipment     2,366       1,893  
Laboratory equipment     21,904       18,440  
Leasehold improvements       34       34  
Construction in progress           1,366  
 Property and equipment gross     99,390       95,467  
Less: Accumulated depreciation and amortization     (5,362 )     (1,653 )
 Property and equipment, net   $ 94,028     $ 93,814