Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.20.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
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,
 
2019
 
2018
Laboratory equipment
$
11,635

 
$
7,431

Office and computer equipment
724

 
661

Leasehold improvements
10,710

 
323

Property and equipment at cost
23,069

 
8,415

Accumulated depreciation
(3,567
)
 
(3,366
)
Property and equipment, net
$
19,502

 
$
5,049


Depreciation expense was $0.6 million and $0.6 million for the years ended December 31, 2019 and 2018, respectively. There were no other changes in accumulated depreciation other than the foreign currency impact.