PROPERTY AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2020

PROPERTY AND EQUIPMENT

Schedule of property and equipment

		September 30,		December 31,
	Estimated Useful Lives	2020		2019
Lab equipment	5 Years	$	1,388,000	$	111,000
Computers, equipment and software	3-5 Years		685,000		211,000
Office furniture	5 Years		646,000		178,000
Leasehold improvements	Lesser of lease term or estimated useful life		288,000		23,000
Total			3,007,000		523,000
Less: accumulated depreciation			(378,000)		(105,000)
Construction in progress			4,558,000		—
Total fixed assets, net		$	7,187,000	$	418,000