Molecular Templates, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment

Property and Equipment

12 Months Ended

Dec. 31, 2013

Property Plant And Equipment [Abstract]

Property and Equipment

NOTE 5—PROPERTY AND EQUIPMENT

Property and equipment comprise the following (in thousands):


	December 31,
	2013			2012
Computer and office equipment	$	483		$	436
Laboratory equipment		1,703			1,593
Leasehold improvements		523			523

		2,709			2,552
Less: Accumulated depreciation and amortization		(2,023	)		(1,740	)

Total property and equipment, net	$	686		$	812

Depreciation and amortization expense was $0.3 million, $0.2 million and $0.2 million for the years ended December 31, 2013, 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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