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Balance Sheet Details
3 Months Ended
Mar. 31, 2021
Balance Sheet Details  
Balance Sheet Details

 

5. Balance Sheet Details

Property and Equipment

Property and equipment as of March 31, 2021 and December 31, 2020 consisted of the following:

 

 

 

 

 

 

 

 

 

    

March 31, 2021

    

December 31, 2020

Laboratory equipment

 

$

6,870,000

 

$

6,547,000

Furniture and fixtures

 

 

740,000

 

 

719,000

Office and computer equipment

 

 

418,000

 

 

413,000

Leasehold improvements

 

 

3,423,000

 

 

3,423,000

Total

 

 

11,451,000

 

 

11,102,000

Less: accumulated depreciation

 

 

(9,336,000)

 

 

(9,055,000)

Property and equipment, net

 

$

2,115,000

 

$

2,047,000

 

Depreciation expense totaled $0.3 million for each of the three months ended March 31, 2021 and 2020, respectively.