Property and equipment, net

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and equipment, net

Property and equipment, net

Property and equipment, net consist of the following (in thousands):

	December 31, 2020
	Cost		Accumulated Amortization		Net Book Value
Laboratory equipment	$	3,402	$	426	$	2,976
Furniture, fixtures, and IT equipment	753		159		594
	$	4,155	$	585	$	3,570

	December 31, 2019
	Cost		Accumulated Amortization		Net Book Value
Leasehold improvements	$	490	$	333	$	157
Laboratory equipment	1,515		62		1,453
Furniture, fixtures, and IT equipment	743		293		450
	$	2,748	$	688	$	2,060

Depreciation expense on property and equipment totaled $0.6 million and $0.2 million for the years ended December 31, 2020 and 2019, respectively.