XML 53 R12.htm IDEA: XBRL DOCUMENT v3.22.1
Property, plant and equipment, net
12 Months Ended
Dec. 31, 2021
Property, plant and equipment, net  
Property, plant and equipment, net

5. Property, plant and equipment, net

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

December 31, 

    

December 31, 

    

2021

    

2020

Land

$

2,072

$

Leasehold improvements

3,348

3,322

Construction in progress

7,746

28

Laboratory equipment

 

7,025

 

5,982

Furniture and fixtures

 

651

 

430

Computer equipment and software

 

1,876

 

1,554

Property and equipment, gross

 

22,718

 

11,316

Less: Accumulated depreciation

 

(6,366)

 

(5,097)

Property and equipment, net

$

16,352

$

6,219

Depreciation expense for the years ended December 31, 2021, 2020 and 2019 was $2.1 million, $1.7 million and $1.1 million, respectively. Construction-in-progress as of December 31, 2021 related to investments in connection with the Company’s GMP manufacturing facility project. Construction-in-progress as of December 31, 2020 related to implementation costs for a cloud computing arrangement which is a service contract.