3. Certain Balance Sheet Items

Property and equipment consists of the following (in thousands):


	September 30, (unaudited)			December 31,
	2013			2012
Laboratory equipment	$	—		$	3,778
Office and computer equipment		605			983
Purchased software		166			166
Furniture and fixtures		43			174
Leasehold improvements		2,534			2,534

Total		3,348			7,635
Less accumulated depreciation and amortization		(3,339	)		(7,551	)

Property and equipment, net	$	9		$	84

Property and equipment includes assets financed through equipment loans, which were fully paid in January 2012. In the third quarter of 2013, CymaBay sold or disposed of all of its machinery and equipment and a portion of its computers and furniture and fixtures which resulted in a gain on sale of assets of $0.4 million.

Accrued liabilities consist of the following (in thousands


	September 30, (unaudited)		December 31,
	2013		2012
Accrued compensation	$	269	$	291
Accrued pre-clinical and clinical trial expenses		199		304
Accrued professional fees		736		285
Other accruals		—		14

Total accrued liabilities	$	1,204	$	894