Kodiak Sciences Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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FY2025 · Filed Mar 31, 2026
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Property and Equipment, Net
- Prop erty and Equipment, net
Property and equipment, net consists of the following (in thousands):
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Leasehold improvement | $96,514 | $96,534 |
| Machinery and equipment | 40,671 | 40,326 |
| Furniture and fixtures | 2,042 | 2,042 |
| Computer software and hardware | 346 | 378 |
| Construction in progress | 5,157 | 4,204 |
| Total property and equipment | 144,730 | 143,484 |
| Less: Accumulated depreciation | (59,472) | (41,262) |
| Total property and equipment, net | $85,258 | $102,222 |
The Company's property and equipment are maintained in the United States and Switzerland with net book values of $32.1 million and $53.2 million, respectively, as of December 31, 2025 compared to $35.6 million and $66.6 million, respectively, as of December 31, 2024. Depreciation expense was$18.3 million and$18.7 million for the years ended December 31, 2025 and 2024, respectively.
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