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Property and Equipment

12 Months Ended

Dec. 31, 2014

4. Property and Equipment

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

	December 31,
	2014			2013
Laboratory equipment	$	326		$	369
Office equipment	74			76
	400			445
Less: accumulated depreciation	(356		)	(429		)
	$	44		$	16

Depreciation expense, in thousands, was $5 and $10 for the years ended December 31, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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