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Property and Equipment
3 Months Ended
Mar. 31, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

Property and equipment consist of the following at March 31, 2020 and December 31, 2019 (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Property and equipment:

 

 

 

 

 

 

 

 

Laboratory equipment

 

$

1,715

 

 

$

1,715

 

Computer software and equipment

 

 

604

 

 

 

595

 

Office furniture and fixtures

 

 

301

 

 

 

301

 

Leasehold improvements

 

 

317

 

 

 

317

 

Construction in progress

 

 

184

 

 

 

138

 

 

 

$

3,121

 

 

$

3,066

 

Accumulated depreciation

 

 

(2,837

)

 

 

(2,829

)

Property and equipment, net

 

$

284

 

 

$

237

 

 

The Company recognized approximately $8,000 of depreciation expense for the three months ended March 31, 2020 and 2019.