Fixed Assets

9 Months Ended

Sep. 30, 2021

Assets [Abstract]

Fixed Assets

6.Fixed Assets

Fixed assets, net consisted of the following:

		September 30,			December 31,
	Useful Life	2021			2020
		(in thousands)
Computer equipment	5 years	$	66		$	66
Lab equipment	5 years		1,092			849
Furniture and fixtures	7 years		456			460
Leasehold improvements	lease term		31			—
			1,645			1,375
Less: Accumulated depreciation			(510	)		(335	)
		$	1,135		$	1,040

Depreciation expense during the three and nine months ended September 30, 2021 was $0.1 million and $0.2 million, respectively. Depreciation expense during the three and nine months ended September 30, 2020 was less than $0.1 million and $0.1 million, respectively.