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Property and Equipment, Net
9 Months Ended
Sep. 30, 2020
Property and Equipment, Net  
Property and Equipment, Net

5. Property and Equipment, Net 

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

 

 

 

 

 

 

 

 

 

 

September 30, 2020

 

December 31, 2019

 

Laboratory equipment

 

$

4,623

 

$

2,536

 

Furniture and fixtures

 

 

461

 

 

358

 

Leasehold improvements

 

 

8,915

 

 

8,915

 

Construction in progress

 

 

495

 

 

77

 

 

 

 

14,494

 

 

11,886

 

Less: Accumulated depreciation and amortization

 

 

(1,827)

 

 

(394)

 

 

 

$

12,667

 

$

11,492

 

 

Depreciation and amortization expense for the three and nine months ended September 30, 2020 was approximately $0.5 million and $1.4 million, respectively.

 

Depreciation and amortization expense for the three and nine months ended September 30, 2019 was approximately $0.1 million and $0.2 million, respectively.