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Property and Equipment
12 Months Ended
Dec. 31, 2015
Property and Equipment  
Property and Equipment

5. Property and Equipment

        Property and equipment and related accumulated depreciation were as follows (in thousands):

                                                                                                                                                                                    

 

 

 

 

December 31,

 

 

 

Estimated Useful Life (Years)

 

2015

 

2014

 

Lab equipment

 

3

 

$

1,350

 

$

1,269

 

Computer equipment

 

3

 

 

166

 

 

110

 

Furniture and fixtures

 

5

 

 

77

 

 

30

 

Leasehold improvements

 

Lesser of useful life or remaining lease term

 

 

261

 

 

57

 

​  

​  

​  

​  

 

 

 

 

 

1,854

 

 

1,466

 

Less accumulated depreciation and amortization

 

 

 

 

(1,350

)

 

(1,178

)

​  

​  

​  

​  

Total property and equipment, net

 

 

 

$

504

 

$

288

 

​  

​  

​  

​  

​  

​  

​  

​  

        Depreciation and amortization expense was $0.2 million, $0.2 million, and $0.3 million for the years ended December 31, 2015, 2014, and 2013, respectively.