Property And Equipment

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

As of September 30, 2020 and December 31, 2019, the Company’s property and equipment consisted of the following (table in thousands):

	September 30, 2020		December 31, 2019
Leasehold Improvements	$	1,176	$	1,162
Machinery and Equipment	5,454		4,673
Information Technology & Office Equipment	1,822		1,810
Laboratory Equipment	653		653
	9,105		8,298
Accumulated Depreciation	(6,320)		(5,865)
Property and Equipment, net	$	2,785	$	2,433

Depreciation expense for the three months ended September 30, 2020 and 2019 totaled $0.2 million. Depreciation expense for the nine months ended September 30, 2020 and 2019 totaled $0.6 million.