Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.3.1.900
Property and Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment

4.           Property and Equipment

 

Property and equipment consist of the following as of December 31 (in thousands):

 

    2015     2014  
Lab equipment   $ 1,205     $ 1,146  
Computer and office equipment     378       87  
Total equipment     1,583       1,233  
Less accumulated depreciation     (1,153 )     (949 )
Property and equipment, net   $ 430     $ 284  

 

Depreciation expense for the years ended December 31, 2015 and 2014 was $192,000 and $199,000, respectively.