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Property and equipment, net
 12 Months Ended
Dec. 31, 2018
Property and equipment, net  
Property and equipment, net

5. Property and equipment, net

Property and equipment, net consists of the following:

 

 

 

 

 

 

 

 

 

 

As of December 31, 

 

 

    

2018

    

2017

 

 

 

(in thousands)

 

Leasehold improvements

 

$

7,035

    

$

6,421

 

Laboratory equipment

 

 

8,843

 

 

5,262

 

Furniture and office equipment

 

 

1,675

 

 

1,565

 

Other

 

 

306

 

 

25

 

Construction in progress

 

 

19

 

 

 —

 

Total property and equipment

 

 

17,878

 

 

13,273

 

Less: accumulated depreciation

 

 

(5,107)

 

 

(2,990)

 

Property and equipment, net

 

$

12,771

 

$

10,283

 

The Company recorded $2.1 million, $1.6 million, and $0.6 million in depreciation expense during the years ended December 31, 2018,  2017, and 2016, respectively.