Property, plant and equipment

12 Months Ended

Dec. 31, 2017

Property, plant and equipment [Abstract]

Property, plant and equipment

4. Property, plant and equipment

	As of December 31, 2017
	Furniture			Computers/IT			Lab  Equipment			Leasehold Improvements			Total
Acquisition Cost:
Balance at the end of the previous year		81			298			2,792			103			3,274
Acquisitions		4			271			1,369			169			1,813
Balance at end		85			569			4,161			272			5,087
Accumulated depreciation:
Balance at the end of the previous year		(45	)		(172	)		(1,858	)		(79	)		(2,154	)
Depreciation expense		(14	)		(87	)		(453	)		(26	)		(580	)
Balance at end		(59	)		(259	)		(2,311	)		(105	)		(2,734	)
Carrying Amount:
December 31, 2016		36			126			934			24			1,120
December 31, 2017		26			310			1,850			167			2,353

	As of December 31, 2016
	Furniture			Computers/IT			Lab  Equipment			Leasehold Improvements			Total
Acquisition Cost:
Balance at the end of the previous year		43			172			2,058			103			2,376
Acquisitions		38			126			734			-			898
Balance at end		81			298			2,792			103			3,274
Accumulated depreciation:
Balance at the end of the previous year		(36	)		(138	)		(1,629	)		(73	)		(1,876	)
Depreciation expense		(9	)		(34	)		(229	)		(6	)		(278	)
Balance at end		(45	)		(172	)		(1,858	)		(79	)		(2,154	)
Carrying Amount:
December 31, 2015		7			34			429			30			500
December 31, 2016		36			126			934			24			1,120

For the years ended December 31, 2017, 2016 and 2015, the Company incurred CHF 580 thousand, 278 thousand and 287 thousand in depreciation expense, respectively.