Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Property and equipment are recorded at cost and depreciated over the estimated useful lives of the underlying assets (three to five years) using the straight-line method. As of September 30, 2019, and December 31, 2018, property and equipment consists of (in thousands):

	September 30, 2019		December 31, 2018
Lab equipment (excluding equipment under finance leases)	$	1,073	$	945
Finance lease right-of-use lab equipment obtained in exchange for finance lease liabilities		347		347
Computer and office equipment		92		75
Total property and equipment		1,512		1,367
Less: accumulated depreciation and amortization		1,053		(983	)
Property and equipment, net	$	459	$	384