Property and Equipment, Net

12 Months Ended

Dec. 31, 2019

Property and Equipment, Net

Property and Equipment, Net

5. Property and Equipment, Net

At December 31, 2019 and 2018, property and equipment consists of the following (in thousands):

	December 31,		December 31,
	2019		2018
Laboratory equipment	$	5,432	$	3,585
Leasehold improvements		1,580		1,578
Computer equipment & software		423		—
Furniture & fixtures		219		219
Machinery & equipment		75		75
Construction in progress		—		89
		7,729		5,546
Less: Accumulated depreciation and amortization		(3,558)		(2,356)
	$	4,171	$	3,190

Depreciation and amortization expense was  $1.3  million and $0.8 million for the years ended December 31, 2019 and 2018, respectively.