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Balance Sheet Details
9 Months Ended
Sep. 30, 2020
Balance Sheet Details  
Balance Sheet Details

 

7. Balance Sheet Details

Property and Equipment

Property and equipment as of September 30, 2020 and December 31, 2019 consisted of the following:

 

 

 

 

 

 

 

 

 

    

September 30, 2020

    

December 31, 2019

Laboratory equipment

 

$

6,282,000

 

$

6,047,000

Furniture and fixtures

 

 

689,000

 

 

646,000

Office and computer equipment

 

 

392,000

 

 

323,000

Leasehold improvements

 

 

3,367,000

 

 

3,329,000

Total

 

 

10,730,000

 

 

10,345,000

Less: accumulated depreciation

 

 

(8,780,000)

 

 

(8,158,000)

Property and equipment, net

 

$

1,950,000

 

$

2,187,000

 

Depreciation expense totaled $0.3 million and $0.4 million for the three months ended September 30, 2020 and 2019, respectively. Depreciation expense totaled $0.8 million and $1.0 million for the nine months ended September 30, 2020 and 2019, respectively.