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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Summary of Property and Equipment

Property and equipment are recorded at cost and depreciated using the straight-line method over the estimated useful lives of the respective assets, which are as follows:

 

 

 

Estimated useful life

Lab equipment

 

5 years

Fixture and fittings

 

5 years

Office equipment and computers

 

3 years

Leasehold improvements

 

Shorter of useful life or remaining lease term

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

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Lab equipment

 

$

7,505

 

 

$

4,644

 

Leasehold improvements

 

 

7,021

 

 

 

6,960

 

Office equipment and computers

 

 

1,561

 

 

 

1,168

 

Fixtures and fittings

 

 

757

 

 

 

706

 

Assets under construction

 

 

5,351

 

 

 

1,275

 

 

 

 

22,195

 

 

 

14,753

 

Less: Accumulated depreciation

 

 

(4,452

)

 

 

(1,384

)

 

 

$

17,743

 

 

$

13,369