Quarterly report pursuant to Section 13 or 15(d)

Leasehold Improvements and Equipment

v3.19.1
Leasehold Improvements and Equipment
 3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Leasehold Improvements and Equipment

Note 4 – Leasehold Improvements and Equipment

 

Leasehold improvements and equipment, summarized by major category, consist of the following ($ in thousands) as of March 31, 2019 and December 31, 2018:

 

    March 31, 2019     December 31, 2018  
Lab equipment   $ 1,059     $ 1,054  
Equipment under capital lease     -       272  
Leasehold improvements     878       1,156  
Total     1,937       2,482  
Less: accumulated depreciation and amortization     415       439  
Leasehold improvements and equipment, net   $ 1,522     $ 2,043  

 

Depreciation and amortization expense was approximately $47,867 and $47,138 for each of the three months ended March 31, 2019 and 2018.