Property and equipment and related accumulated depreciation were as follows (in thousands):

                                                                                                                                                                                    

 

 

 

 

December 31,

 

 

 

Estimated Useful Life (Years)

 

2016

 

2015

 

Lab equipment

 

3

 

$

1,565

 

$

1,350

 

Computer equipment

 

3

 

 

166

 

 

166

 

Furniture and fixtures

 

5

 

 

77

 

 

77

 

Leasehold improvements

 

Lesser of useful life or remaining lease term

 

 

259

 

 

261

 

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2,067

 

 

1,854

 

Less accumulated depreciation and amortization

 

 

 

 

(1,499

)

 

(1,350

)

​  

​  

​  

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Total property and equipment, net

 

 

 

$

568

 

$

504

 

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