Property and Equipment

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

4. Property and Equipment

Property and equipment consist of the following at September 30, 2022 and December 31, 2021 (in thousands):

	September 30,			December 31,
	2022			2021
Property and equipment:
Laboratory equipment	$	5,367		$	5,293
Computer software and equipment		675			675
Office furniture and fixtures		323			301
Leasehold improvements		2,112			2,113
	$	8,477		$	8,382
Accumulated depreciation		(4,724	)		(3,879	)
Property and equipment, net	$	3,753		$	4,503

The Company recognized approximately $0.3 million and $0.4 million of depreciation expense for the three months ended September 30, 2022 and 2021, respectively, and $0.8 million and $0.7 million of depreciation expense for the nine months ended September 30, 2022 and 2021, respectively.