Quarterly report pursuant to Section 13 or 15(d)

Property, plant and equipment, net

v3.4.0.3
Property, plant and equipment, net
3 Months Ended
Mar. 31, 2016
Property, plant and equipment, net  
Property, plant and equipment, net

Note 4 — Property, plant and equipment, net

 

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

 

 

 

March 31,
2016

 

December 31,
2015

 

 

 

 

 

 

 

Computer equipment

 

$

1,301

 

$

1,182

 

Laboratory equipment

 

11,290

 

11,016

 

Office equipment

 

252

 

258

 

Leasehold improvements

 

1,615

 

1,631

 

Assets under construction

 

2,056

 

1,147

 

 

 

 

 

 

 

 

 

16,514

 

15,234

 

Less accumulated depreciation

 

(2,669

)

(2,009

)

 

 

 

 

 

 

 

 

$

13,845

 

$

13,225

 

 

 

 

 

 

 

 

 

 

Depreciation expense for the three months ended March 31, 2016 and March 31, 2015 was $707,000 and $68,000, respectively.