Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.22.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following:
December 31,
2021 2020
(In thousands)
Computers and software $ 1,397  $ 510 
R&D lab equipment 2,283  469 
Furniture and fixtures 88  40 
Leasehold improvements 2,771  1,828 
Construction in progress 6,273  — 
Total property, plant and equipment 12,812  2,847 
Less accumulated depreciation and amortization (2,766) (1,841)
Property, plant and equipment, net $ 10,046  $ 1,006 
Depreciation expense for the years ended December 31, 2021 and 2020 was $1.2 million and $1.2 million, respectively.