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Property and Equipment, net
9 Months Ended
Sep. 30, 2018
Property Plant And Equipment [Abstract]  
Property and Equipment, net

3. Property and Equipment, net

Property and equipment, net, consists of the following (in thousands):

 

 

 

As of

 

 

 

September 30,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Computer equipment

 

$

405

 

 

$

285

 

Furniture, fixtures, and other

 

 

2,240

 

 

 

2,104

 

Laboratory equipment

 

 

7,993

 

 

 

6,603

 

Leasehold improvements

 

 

13,776

 

 

 

13,776

 

Construction work in process

 

 

127

 

 

 

-

 

 

 

 

24,541

 

 

 

22,768

 

Accumulated depreciation

 

 

(6,444

)

 

 

(3,911

)

Property and equipment, net

 

$

18,097

 

 

$

18,857

 

 

Depreciation expense for the three and nine months ended September 30, 2018 was $0.8 million and $2.5 million, respectively. Depreciation expense for the three and nine months ended September 30, 2017 was $0.8 million and $2.2 million, respectively.