Quarterly report pursuant to Section 13 or 15(d)

Property, plant and equipment, net

v3.5.0.2
Property, plant and equipment, net
9 Months Ended
Sep. 30, 2016
Property, plant and equipment, net  
Property, plant and equipment, net

 

Note 5 — Property, plant and equipment, net

 

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

 

 

September 30,
2016

 

December 31,
2015

 

 

 

 

 

 

 

Computer equipment

 

$

1,592

 

$

1,182

 

Laboratory equipment

 

11,648

 

11,016

 

Office equipment

 

230

 

258

 

Leasehold improvements

 

1,476

 

1,631

 

Assets under construction

 

4,069

 

1,147

 

 

 

 

 

 

 

 

 

19,015

 

15,234

 

Less accumulated depreciation

 

(3,929

)

(2,009

)

 

 

 

 

 

 

 

 

$

15,086

 

$

13,225

 

 

 

 

 

 

 

 

 

 

Depreciation expense was $779,000 and $463,000 for the three months ended September 30, 2016 and 2015, respectively, and $2,290,000 and $828,000 for the nine months ended September 30, 2016 and 2015, respectively.