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Property and Equipment, net
12 Months Ended
Dec. 31, 2016
Property Plant And Equipment [Abstract]  
Property and Equipment, net

3. Property and Equipment, net

Property and equipment, net, consists of the following (in thousands):

 

 

 

As of December 31,

 

 

 

2016

 

 

2015

 

Computer equipment and software

 

$

110

 

 

$

118

 

Furniture, fixtures, and other

 

 

2,044

 

 

 

238

 

Laboratory equipment

 

 

2,970

 

 

 

861

 

Leasehold improvements

 

 

15,780

 

 

 

88

 

Construction work in process

 

 

1,065

 

 

 

95

 

 

 

 

21,969

 

 

 

1,400

 

Accumulated Depreciation

 

 

(942

)

 

 

(72

)

Property and equipment, net

 

$

21,027

 

 

$

1,328

 

 

Depreciation expense for the year ended December 31, 2016, 2015, and 2014 was $0.9 million, $0.1 million, and $0 million, respectively.