Property and equipment

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Property and equipment

Property and equipment

Property and equipment consist of the following as of June 30, 2024 and December 31, 2023:

	June 30,		December 31,
(In thousands)	2024		2023
Property and equipment
Leasehold improvements	$	5,289	$	5,913
Furniture and computer equipment	754		773
Manufacturing and other equipment	15,981		19,893
Construction in-progress	4,841		3,807
Subtotal	26,865		30,386
Less: Accumulated depreciation	(9,609)		(9,456)
Property and equipment, net	$	17,256	$	20,930

Depreciation expense for property and equipment was $0.6 million and $1.3 million for the three and six months ended June 30, 2024, respectively, and $0.8 million and $1.6 million during the three and six months ended June 30, 2023, respectively.