Property and equipment, net

3 Months Ended

Mar. 31, 2022

Property and equipment, net

Property and equipment, net

4. Property and equipment, net

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

	March 31,		December 31,
	2022		2021
Laboratory equipment	$	6,934	$	6,746
Leasehold improvements		6,379		809
Computer equipment and software		222		143
Furniture and office equipment		296		225
		13,831		7,923
Less: Accumulated depreciation and amortization		(4,982)		(4,800)
	$	8,849	$	3,123

As of March 31, 2022, approximately $6.4 million of leasehold improvements and laboratory equipment was not yet placed in service associated with the Company’s new facility in the U.K. Depreciation expense was $0.4 million and $0.3 million for the three months ended March 31, 2022 and 2021, respectively.