Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.19.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
Property and Equipment, Net
Property and equipment are summarized as follows (in thousands):
 
Years Ended December 31,
 
2018
 
2017
Laboratory equipment
$
7,431

 
$
6,101

Office and computer equipment
661

 
494

Leasehold improvements
323

 
318

Property and equipment at cost
8,415

 
6,913

Accumulated depreciation
(3,366
)
 
(2,879
)
Property and equipment, net
$
5,049

 
$
4,034


Depreciation expense was $0.6 million and $0.4 million for the years ended December 31, 2018 and 2017, respectively. There were no other changes in accumulated depreciation other than the foreign currency impact.