XML 85 R12.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Property and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consists of the following (in thousands):
 
Estimated Useful
Life (In Years)
 
December 31,
 
2019
 
2018
Furniture and fixtures, lab and office equipment
5
 
$
1,262

 
$
1,262

Computer equipment and software
3
 
2,726

 
3,445

Manufacturing equipment
10
 
1,616

 
1,616

Leasehold improvements
Shorter of useful life or remaining lease term
 
1,915

 
1,915

Construction in progress
-
 

 

 
 
 
7,519

 
8,238

Less: accumulated depreciation
 
 
(5,226
)
 
(4,235
)
Property and equipment, net
 
 
$
2,293

 
$
4,003


The Company performed a qualitative impairment analysis to determine if any of the assets displayed indicators of impairment that would trigger the need for further analysis. As a result of the qualitative assessment, the Company concluded that there were no indicators of impairment for any property and equipment assets as of December 31, 2019 and 2018. Depreciation expense related to property and equipment was approximately $1.5 million, $1.9 million and $1.4 million for the years ended December 31, 2019, 2018, and 2017, respectively.