Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.21.2
Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

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 June 30, 2021, and December 31, 2020, property and equipment consists of (in thousands):

 

    June 30, 2021     December 31, 2020  
Lab equipment   $ 1,532     $ 1,498  
Finance lease right-of-use lab equipment, net     80       92  
Computer and office equipment     126       120  
Total property and equipment     1,738       1,710  
Less: accumulated depreciation and amortization     1,199       1,119  
Property and equipment, net   $ 539     $ 591