Property and Equipment

12 Months Ended

Dec. 31, 2019

Property and Equipment

Property and Equipment

4. Property and Equipment

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

	December 31,		December 31,
	2019		2018
Laboratory equipment	$	1,777	$	1,756
Leasehold improvements		899		—
Office furniture and equipment		401		148
Total property and equipment		3,077		1,904
Less: accumulated depreciation		(812)		(610)
Total property and equipment, net	$	2,265	$	1,294

Depreciation expense was $0.2 million and $0.1  million for the years ended December 31, 2019 and 2018, respectively.