PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2016

Property Plant And Equipment [Abstract]

PROPERTY AND EQUIPMENT

4. PROPERTY AND EQUIPMENT

The following table presents the components of property and equipment and their estimated useful lives.

	March 31,			December 31,			Estimated
(In thousands)	2016			2015			useful lives
Manufacturing equipment	$	4,342		$	4,262		10 years
Office furniture		2,332			2,344		7 years
Laboratory equipment		1,768			1,721		5 years
Computer hardware and software		1,572			1,364		3 years
Leasehold improvements		586			583		Lease term
Total at cost		10,600			10,274
Less: accumulated depreciation		(3,006	)		(2,630	)
Total Property and Equipment, Net	$	7,594		$	7,644

Depreciation expense for the three months ended March 31, 2016 and 2015 was approximately $373 thousand and $302 thousand, respectively.