Balance Sheet Details

9 Months Ended

Sep. 30, 2022

Balance Sheet Details

Balance Sheet Details

5. Balance Sheet Details

Property and Equipment

Property and equipment as of September 30, 2022 and December 31, 2021 consisted of the following:

	September 30, 2022		December 31, 2021
Laboratory equipment	$	10,521,000	$	7,754,000
Furniture and fixtures		817,000		817,000
Office and computer equipment		451,000		451,000
Leasehold improvements		3,423,000		3,423,000
Total		15,212,000		12,445,000
Less: accumulated depreciation		(10,872,000)		(10,225,000)
Property and equipment, net	$	4,340,000	$	2,220,000

Depreciation expense totaled $0.2 million and $0.3 million, and $0.6 million and $0.9 million for the three and nine months ended September 30, 2022 and 2021, respectively.