Property and Equipment

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment

4.        Property and Equipment

Property and equipment are recorded at cost and depreciated using the straight-line method, over estimated useful lives, ranging generally from five to seven years. Expenditures for maintenance and repairs are charged to expense as incurred. 

Property and equipment consisted of the following at (in thousands):

	December 31,
	2015			2014
Lab equipment	$	541		$	448
Computers		41			24
Furniture and fixtures		56			50
Total		638			522
Accumulated depreciation		(192	)		(76	)
Property and equipment, net	$	446		$	446

Depreciation expense totaled $0.1 million and $0.07 million for the years ended December 31, 2015 and 2014, respectively.