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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following:
December 31,
(in thousands)20192018
Laboratory equipment$2,195  $1,731  
Computer equipment2,950  465  
Furniture and fixtures1,941  201  
Leasehold improvements908  359  
Construction in progress169  11,914  
Total cost8,163  14,670  
Less: Accumulated depreciation(1,830) (1,217) 
Total property and equipment, net$6,333  $13,453  
Depreciation expense was $0.8 million, $0.3 million, and $0.2 million for the years ended December 31, 2019, 2018, and 2017, respectively.
For the year ended December 31, 2018, the construction in progress balance was related to the capitalization of leased space prior to the adoption of ASU 2016-02. For additional information, please read Note 6, Leases, to these consolidated financial statements.