FIXED ASSETS

Fixed assets consist of the following:



	September 30, 2015			December 31, 2014
	(in thousands)
Laboratory equipment	$	4,504		$	4,134
Furniture and office equipment	1,075			944
Software and computers	3,897			3,071
Leasehold improvements	4,554			4,554
Total	14,030			12,703
Less: accumulated depreciation	(8,817		)	(8,072		)
	$	5,213		$	4,631

Depreciation expense for the three and nine months ended September 30, 2015 was approximately $266,000 and $745,000, respectively and $219,000 and $642,000 for the three and nine months ended September 30, 2014, respectively.