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Property and Equipment
9 Months Ended
Sep. 30, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

Property and equipment consist of the following at September 30, 2020 and December 31, 2019 (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Property and equipment:

 

 

 

 

 

 

 

 

Laboratory equipment

 

$

2,243

 

 

$

1,715

 

Computer software and equipment

 

 

617

 

 

 

595

 

Office furniture and fixtures

 

 

301

 

 

 

301

 

Leasehold improvements

 

 

317

 

 

 

317

 

Construction in progress

 

 

278

 

 

 

138

 

 

 

$

3,756

 

 

$

3,066

 

Accumulated depreciation

 

 

(2,839

)

 

 

(2,829

)

Property and equipment, net

 

$

917

 

 

$

237

 

 

The Company recognized approximately $33,000 and $6,000 of depreciation expense for the three months ended September 30, 2020 and 2019, respectively, and $54,000 and $20,000 of depreciation expense for the nine months ended September 30, 2020 and 2019.