Property and Equipment

12 Months Ended

Dec. 31, 2014

4. Property and Equipment

Property and equipment consists of the following:


	December 31,
(In thousands)	2014		2013
Laboratory equipment	$	552	$	1,453
Computer equipment and software		519		493
Leasehold improvements, furniture and fixtures		277		1,571
		1,348		3,517
Accumulated depreciation and amortization		(934)		(3,241)
Property and equipment, net	$	414	$	276

Depreciation and amortization expense for the years ended December 31, 2014, 2013 and 2012 was $310,000, $298,000 and $193,000, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details