Property and Equipment

12 Months Ended

Dec. 31, 2018

Property and Equipment

Property and Equipment

6. Property and Equipment

Property and Equipment, net consist of the following:

			Accumulated		Net
December 31, 2018	Cost		Depreciation		Book Value
	(in thousands)
Leasehold improvements	$	879	$	(225)	$	654
Computer hardware		108		(51)		57
Office equipment and furniture		454		(218)		236
Total	$	1,441	$	(494)	$	947

			Accumulated		Net
December 31, 2017	Cost		Depreciation		Book Value
	(in thousands)
Leasehold improvements	$	652	$	(115)	$	537
Computer hardware		83		(35)		48
Office equipment and furniture		374		(132)		242
Total	$	1,109	$	(282)	$	827

Depreciation expense for the years ended December 31, 2018, 2017, and 2016 was $0.2 million, $0.2 million, and $0.1 million respectively.