Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.19.1
Property and Equipment
12 Months Ended
Dec. 31, 2018
Property Plant And Equipment [Abstract]  
Property and Equipment

NOTE 6—PROPERTY AND EQUIPMENT

Property and equipment comprise the following (in thousands):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Laboratory equipment

 

$

4,676

 

 

$

1,691

 

Leasehold improvements

 

 

3,274

 

 

 

512

 

Furniture and fixtures

 

 

89

 

 

 

85

 

Computer and equipment

 

 

145

 

 

 

76

 

 

 

 

8,184

 

 

 

2,364

 

Less: Accumulated depreciation

 

 

(1,333

)

 

 

(412

)

Total property and equipment, net

 

$

6,851

 

 

$

1,952

 

 

Depreciation expense was $958,000 and $155,000 for the years ended December 31, 2018 and 2017, respectively.