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Property and Equipment
3 Months Ended
Mar. 31, 2022
Property Plant And Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

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

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Property and equipment:

 

 

 

 

 

 

 

 

Laboratory equipment

 

$

5,335

 

 

$

5,293

 

Computer software and equipment

 

 

675

 

 

 

675

 

Office furniture and fixtures

 

 

312

 

 

 

301

 

Leasehold improvements

 

 

2,112

 

 

 

2,113

 

 

 

$

8,434

 

 

$

8,382

 

Accumulated depreciation

 

 

(4,159

)

 

 

(3,879

)

Property and equipment, net

 

$

4,275

 

 

$

4,503

 

 

The Company recognized approximately $0.3 million and $70,000 of depreciation expense for the three months ended March 31, 2022 and 2021, respectively.