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Property and Equipment, Net
9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

7. Property and Equipment, Net

Property and equipment, net, as of September 30, 2019 and December 31, 2018 consisted of the following:

 

(In thousands)

 

September 30,

2019

 

 

December 31,

2018

 

Computer and office equipment

 

$

1,133

 

 

$

1,133

 

Manufacturing equipment

 

 

12,147

 

 

 

12,000

 

Furniture and fixtures

 

 

609

 

 

 

604

 

Software

 

 

455

 

 

 

434

 

Leasehold improvements

 

 

815

 

 

 

815

 

Construction in progress

 

 

2,902

 

 

 

1,416

 

 

 

 

18,061

 

 

 

16,402

 

Less: Accumulated depreciation

 

 

(7,410

)

 

 

(5,692

)

Total property and equipment, net

 

$

10,651

 

 

$

10,710

 

 

Depreciation expense for the three and nine months ended September 30, 2019 was approximately $0.2 million and $0.7 million, respectively, compared to $0.4 million and $1.5 million, respectively, for the same periods in the prior year. No property and equipment was disposed of during the nine months ended September 30, 2019. As of September 30, 2019, construction in progress consists primarily of equipment purchases related to the expansion of the Company’s manufacturing capabilities at its contract manufacturer, Patheon U.K. Limited.