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Property and Equipment
9 Months Ended
Sep. 30, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

Property and equipment consist of the following at September 30, 2021 and December 31, 2020 (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Property and equipment:

 

 

 

 

 

 

 

 

Laboratory equipment

 

$

5,240

 

 

$

3,277

 

Computer software and equipment

 

 

675

 

 

 

650

 

Office furniture and fixtures

 

 

301

 

 

 

301

 

Leasehold improvements

 

 

2,091

 

 

 

317

 

Construction in progress

 

 

 

 

 

498

 

 

 

$

8,307

 

 

$

5,043

 

Accumulated depreciation

 

 

(3,601

)

 

 

(2,878

)

Property and equipment, net

 

$

4,706

 

 

$

2,165

 

 

The Company recognized approximately $0.4 million and $33,000 of depreciation expense for the three months ended September 30, 2021 and 2020, respectively, and $0.7 million and $54,000 of depreciation expense for the nine months ended September 30, 2021 and 2020, respectively.