Quarterly report pursuant to Section 13 or 15(d)

Leasehold Improvements and Equipment

v3.20.1
Leasehold Improvements and Equipment
 3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Leasehold Improvements and Equipment

Note 6 – Leasehold Improvements and Equipment

 

Leasehold improvements and equipment, summarized by major category, consist of the following as of March 31, 2020 and December 31, 2019:

 

    March 31, 2020     December 31, 2019  
Lab equipment   $ 1,442     $ 1,437  
Leasehold improvements     878       878  
Total     2,320       2,315  
Less: accumulated depreciation and amortization     623       566  
Leasehold improvements and equipment, net   $ 1,697     $ 1,749  

 

Depreciation and amortization expense for the three months ended March 31, 2020 and 2019 was approximately $57.6 thousand and approximately $47.9 thousand, respectively.