Property and Equipment consists of the following (in thousands):
|
|
|
Estimated useful life |
|
|
|
|
|
|
|
|
|
|
(in years) |
|
December 31, 2016 |
|
December 31, 2015 |
|
||
|
Laboratory equipment |
|
5 |
|
$ |
3,612 |
|
$ |
2,676 |
|
|
Computer equipment |
|
3 |
|
|
401 |
|
|
237 |
|
|
Furniture and fixtures |
|
4 |
|
|
395 |
|
|
349 |
|
|
Leasehold improvements |
|
Shorter of 7 years or life of lease |
|
|
2,599 |
|
|
2,468 |
|
|
Construction in process |
|
|
|
|
18 |
|
|
— |
|
|
|
|
|
|
$ |
7,025 |
|
$ |
5,730 |
|
|
Less: Accumulated depreciation |
|
|
|
|
(2,175) |
|
|
(931) |
|
|
Total property and equipment, net |
|
|
|
$ |
4,850 |
|
$ |
4,799 |
|