Property and equipment, net

12 Months Ended

Dec. 31, 2022

Property and equipment, net

Property and equipment, net

4. Property and equipment, net

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

	December 31,
	2022		2021
Laboratory equipment	$	14,872	$	6,746
Leasehold improvements		10,736		809
Computer equipment and software		441		143
Furniture and office equipment		924		225
		26,973		7,923
Less: Accumulated depreciation and amortization		(7,863)		(4,800)
	$	19,110	$	3,123

As of December 31, 2022, approximately $2.3 million of laboratory equipment was not yet placed in service. Depreciation expense was $3.7 million, $1.4 million and $1.3 million for the years ended December 31, 2022, 2021 and 2020, respectively.