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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Restricted Cash
Restricted Cash—
(in thousands)
As of December 31, 2019As of December 31, 2018
Letter of credit security: Cambridge lease
$264  $264  
Letter of credit security: Waltham lease
250  —  
Letter of credit security: Vienna Austria lease
94  —  
Letter of credit security: Allston lease1,144  —  
Corporate credit card collateral
150  100  
Total restricted cash (non-current)$1,902  $364  
Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash to Cash Flows
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets to the sum to the total of amounts shown in the Company’s consolidated statement of cash flows as of December 31, 2019, 2018 and 2017:
(in thousands)December 31,
2019
December 31, 2018December 31,
2017
December 31, 2016
Cash and cash equivalents$126,184  $8,134  $26,684  $15,160  
Restricted cash, non-current (included within other assets)1,902  364  364  155  
Total cash, cash equivalents and restricted cash$128,086  $8,498  $27,048  $15,315  
Property and Equipment Useful Life Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization expense is recognized using the straight-line method over the estimated useful life of each asset, as follows:
Estimated Useful Life
Office furniture3 years
Computer equipment3 years
Laboratory equipment
3 to 10 years
Leasehold improvements
Shorter of lease term or 10 years