Property and equipment, net

3 Months Ended

Mar. 31, 2022

Property and equipment, net

Property and equipment, net

(5) Property and equipment, net

Property and equipment consists of the following:

	Estimated Useful	March 31,		December 31,
	Life (Years)	2022		2021
Furniture and fixtures	7	$	360	$	488
Computers, laptop and peripherals	5		3,863		3,590
Laboratory equipment	5		5,472		5,906
Leasehold improvements	Shorter of the lease life or 7		2,149		1,571
Total property and equipment			11,844		11,555
Less: Accumulated depreciation			(4,256)		(4,068)
Property and equipment, net		$	7,588	$	7,487

Depreciation expense of $434 and $384 relating to property and equipment was charged to operations for the three months ended March 31, 2022 and 2021, respectively. Depreciation expense of $76 and $0 relating to property and equipment was charged to cost of sales for the three months ended March 31, 2022 and 2021, respectively.

Demo inventory consists of the following:

	Estimated	March 31,		December 31,
	Life (Years)	2022		2021
Demo inventory – gross	3	$	3,733	$	3,733
Less: Accumulated depreciation			(1,508)		(1,185)
Demo inventory, net		$	2,225	$	2,548

Depreciation expense of $352 and $103 relating to demo equipment was charged to operations for the three months ended March 31, 2022 and 2021, respectively.