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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

5. Property and Equipment, Net

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

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Lab equipment

 

$

6,633

 

 

$

6,121

 

Furniture and fixtures

 

 

1,636

 

 

 

1,093

 

Leasehold improvements

 

 

1,290

 

 

 

1,378

 

Computer equipment

 

 

1,226

 

 

 

190

 

Construction in process

 

 

588

 

 

 

827

 

Total property and equipment

 

 

11,373

 

 

 

9,609

 

Less accumulated depreciation

 

 

(6,062

)

 

 

(5,414

)

Property and equipment, net

 

$

5,311

 

 

$

4,195

 

 

Depreciation expense for each of the years ended December 31, 2023 and 2022 was $1.6 million, respectively.