Property, plant, and equipment

11 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property, plant, and equipment

Property, plant and equipment

Property, plant and equipment consisted of the following:

	December 31, 2019		January 31, 2019		January 31, 2018
	(In thousands)
Laboratory equipment	$	638	$	445	$	423
Office and IT equipment	654		651		689
Leasehold improvements	250		248		269
	1,542		1,344		1,381
Less accumulated depreciation and amortization	1,024		695		428
Property and equipment, net	$	518	$	649	$	953

Depreciation expense for the eleven month period ended December 31 and for the years ended January 31, 2019 and 2018 was $0.7 million, $0.9 million and $0.4 million, respectively.

For additional details regarding the right-of-use assets under the Group’s lease agreements see Note 18 Leases.