Property and Equipment

6 Months Ended

Jun. 30, 2019

Property and Equipment [Abstract]

Property and Equipment

5. Property and Equipment

The Company’s property and equipment consisted of the following:

	June 30, 2019			December 31, 2018
Laboratory equipment	$	1,850		$	1,556
Leasehold improvements		29			29
Furniture and fixtures		273			273
Computer equipment		179			179
Construction in progress		8,196			469
		10,527			2,506
Less: accumulated depreciation		(683	)		(479	)
	$	9,844		$	2,027

Construction in progress comprises costs associated with the build out of the Company’s research facilities under an operating lease in Cranbury, NJ. See Note 11 “Commitments and Contingencies” for additional disclosures. During the three and six months ended June 30, 2019, the Company recognized $0.1 million and $0.2 million of depreciation expense, respectively. During the three and six months ended June 30, 2018, the Company recognized $74,000 and $0.1 million of depreciation expense, respectively.