Property and equipment, net

3 Months Ended

Mar. 31, 2021

(5) Property and equipment, net

Property and equipment consists of the following:


	Estimated Useful	March 31,		December 31,
	Life (Years)	2021		2020
Furniture and fixtures	7	$	358	$	358
Computers, laptop and peripherals	5		2,773		2,367
Laboratory equipment	5		4,309		3,806
Leasehold improvements	Shorter of the lease life or 7		1,261		1,261
Total property and equipment			8,701		7,792
Less: Accumulated depreciation			(2,648)		(2,264)
Property and equipment, net		$	6,053	$	5,528

Depreciation expense of $384 and $322 relating to property and equipment was charged to operations for the three months ended March 31, 2021 and 2020, respectively.

Demo inventory consists of the following:


	Estimated	March 31,		December 31,
	Life (Years)	2021		2020
Demo inventory – gross	3	$	2,443	$	2,010
Less: Accumulated depreciation			(615)		(516)
Demo inventory, net		$	1,828	$	1,494

Depreciation expense of $103 and $57 relating to demo equipment was charged to operations for the three months ended March 31, 2021 and 2020, respectively.