Note 7 - Property and Equipment, Net

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

7.

Property and equipment, net

Property and equipment, net consists of the following as of:

	December 31,
(in thousands)	2019			2018
Laboratory equipment	$	3,834		$	2,951
Leasehold improvements		5,999			5,663
Office equipment, furniture and fixtures		2,101			3,019
Software		870			1,626
Construction in progress		302			—
Property and equipment		13,106			13,259
Less accumulated depreciation		(6,011	)		(6,115	)
Property and equipment, net	$	7,095		$	7,144

For the years ended

December 31, 2019

and

2018

, the Company recorded

depreciation expense of

$1.7

 million and 

$1.6

million, respectively. Depreciation expense includes amortization of capital leases.

Depreciable lives range from

three

to

ten

years for laboratory equipment, office equipment, leasehold improvements, and furniture and fixtures and

three

years for software and specialized shipping containers.

For the years ended

December 31, 2019

and

2018

, there were

no

material capital leases, disposals or retirements.