| Balance Sheet Accounts and Supplemental Disclosures Property and Equipment, Net Property and equipment, net consist of the following: | | | | | | | | | | | | | (in thousands) | September 30, 2024 | | December 31, 2023 | | Laboratory equipment | $ | 6,497 | | | $ | 6,473 | | | Office furniture and equipment | 1,498 | | | 1,640 | | | Leasehold improvements | 203 | | | 203 | | | Property and equipment, gross | 8,198 | | | 8,316 | | | Less: accumulated depreciation and amortization | (6,470) | | | (6,218) | | | Total property and equipment, net | $ | 1,728 | | | $ | 2,098 | |
Accrued Expenses Accrued expenses consist of the following: | | | | | | | | | | | | | (in thousands) | September 30, 2024 | | December 31, 2023 | | Accrued compensation and related expenses | $ | 7,911 | | | $ | 7,201 | | | Accrued professional fees and other expenses | 1,117 | | | 1,412 | | | Accrued research, development and manufacturing expenses | 28,917 | | | 21,898 | | | Accrued for repurchases of common stock | 456 | | | 456 | | | | | | | Total accrued expenses | $ | 38,401 | | | $ | 30,967 | |
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