Property and equipment (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property and equipment are carried at cost less accumulated depreciation. Depreciation is calculated utilizing the straight-line method over the estimated useful lives of the respective assets:

Lab equipment	5 years
Computer equipment	3 years
Leasehold improvements	Lesser of useful life or lease term
Software	3-5 years
Furniture and fixtures	5 years
Office equipment	5 years

Property and equipment consist of the following (in thousands):

	December 31, 2023		December 31, 2022
Lab equipment	$	4,153	$	3,841
Furniture and fixtures	539		1,355
Computer equipment	860		474
Office equipment	97		8
Software	374		307
Leasehold improvements	5,984		5,065
Total property and equipment	12,007		11,050
Less: accumulated depreciation and amortization	(6,036)		(5,534)
Property and equipment, net	$	5,971	$	5,516