Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.20.1
Property and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

3. Property and Equipment

 

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

 

    2019     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     (1,081 )     (983 )
Property and equipment, net   $ 431     $ 384  

 

Depreciation expense was $98,000 and $50,000 for the years ended December 31, 2019 and 2018, respectively.