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Property and Equipment
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
The following table presents the composition of property and equipment, net as of December 31, 2020 and 2019 (in thousands):
As of December 31,
20202019
Lab equipment
$8,994 $2,112 
Computer hardware, software and telephone
140 279 
Furniture and fixtures
107 107 
Leasehold improvements
67 67 
Construction in progress
1,042 1,318 
10,350 3,883 
Less accumulated depreciation
(2,126)(1,959)
Property and equipment, net
$8,224 $1,924 
Depreciation expense was $0.5 million and $0.2 million for the years ended December 31, 2020 and 2019, respectively.