Property and Equipment, net

3 Months Ended

Mar. 31, 2020

6. Property and Equipment, net

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


	March 31,		December 31,
	2020		2019
Laboratory equipment	$	10,409	$	9,355
Furniture and fixtures		242		225
Computer hardware and software		798		785
Leasehold improvements		702		629
Construction in process		351		136
		12,502		11,130
Less accumulated depreciation and amortization		(5,870)		(5,359)
Total property and equipment, net	$	6,632	$	5,771

Depreciation expense was $541,000 and $397,000 for the three months ended March 31, 2020 and 2019, respectively.

The net book value of property and equipment under capital leases was $83,000 and $94,000 at March 31, 2020 and December 31, 2019, respectively.