Property and Equipment

12 Months Ended

Dec. 31, 2013

Property Plant And Equipment [Abstract]

4. Property and Equipment

Property and equipment consists of the following (in thousands):


	December 31,
	2013			2012
Laboratory equipment	$	5,754		$	4,903
Computer equipment and software		1,056			902
Leasehold improvements		97			97
Furniture and fixtures		342			331
Office equipment		218			83
Construction in progress		482			-

Total property and equipment		7,949			6,316
Less accumulated depreciation		(4,191	)		(2,751	)


Total property and equipment, net	$	3,758		$	3,565

Depreciation expense for the years ended December 31, 2013, 2012 and 2011 was $1.4 million, $1.2 million, and $0.8 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details