Property, Equipment and Improvements, Net

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Property, Equipment and Improvements, Net

5.PROPERTY, EQUIPMENT AND IMPROVEMENTS, NET

Property, equipment and improvements, net is comprised of the following (in thousands):

	September 30, 2024			December 31, 2023
Laboratory equipment	$	4,721		$	4,510
Furniture and office equipment		244			244
Computer equipment		212			161
Construction in progress		—			38
Leasehold improvements		25			25
		5,202			4,978
Less: accumulated depreciation		(2,652	)		(1,856	)
Property and equipment, net	$	2,550		$	3,122

Depreciation expense during the three and nine months ended September 30, 2024 and 2023 was recorded as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
General and administrative	$	16	$	4	$	25	$	13
Research and development		265		251		783		719
	$	281	$	255	$	808	$	732