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Property and Equipment, Net
9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment consists of the following (in thousands):
September 30, 2020December 31, 2019
Property and equipment:
Lab equipment$8,606 $7,479 
Leasehold improvements2,157 2,014 
Furniture and fixtures822 750 
Computers and software230 204 
Office equipment
Construction-in-process877 1,594 
Property and equipment12,695 12,050 
Less: accumulated depreciation(5,109)(3,709)
Property and equipment, net$7,586 $8,341 
The Company recognized $0.5 million and $1.5 million of depreciation expense for the three and nine months ended September 30, 2020, respectively and $0.5 million and $1.3 million for the three and nine months ended September 30, 2019, respectively.