Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.8.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment

NOTE 6—PROPERTY AND EQUIPMENT

Property and equipment comprise the following (in thousands):

 

 

 

December 31,

 

 

 

2017

 

 

2016

 

Laboratory equipment

 

$

1,691

 

 

$

488

 

Leasehold improvements

 

 

512

 

 

 

48

 

Furniture and fixtures

 

 

85

 

 

 

32

 

Computer and equipment

 

 

76

 

 

 

35

 

 

 

 

2,364

 

 

 

603

 

Less: Accumulated depreciation

 

 

(412

)

 

 

(269

)

Total property and equipment, net

 

$

1,952

 

 

$

334

 

 

Depreciation expense was $155,000 and $65,000 for the years ended December 31, 2017 and 2016, respectively.