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Fixed Assets
3 Months Ended
Mar. 31, 2020
Property Plant And Equipment [Abstract]  
Fixed Assets

Note 5. Fixed Assets

Major classes of fixed assets consisted of the following:

 

 

 

 

March 31,

 

 

December 31,

 

 

Useful Lives

 

2020

 

 

2019

 

 

 

 

(in thousands)

 

Computer hardware

3 Years

 

$

1,711

 

 

$

1,705

 

Computer software

3 Years

 

 

541

 

 

 

541

 

Medical lab equipment

5 Years

 

 

10,540

 

 

 

10,493

 

Furniture and fixtures

5 Years

 

 

235

 

 

 

235

 

Leasehold improvements

Shorter of lease term or estimated useful life

 

 

876

 

 

 

876

 

Assets not yet placed in service

 

 

 

354

 

 

 

114

 

Total

 

 

 

14,257

 

 

 

13,964

 

Less: Accumulated depreciation

 

 

 

(8,559

)

 

 

(7,990

)

Property and equipment, net

 

 

$

5,698

 

 

$

5,974

 

 

Depreciation expense on fixed assets totaled $569,000 and $535,000 for the first quarters of 2020 and 2019, respectively.