Property and equipment consists of the following (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Useful

 

December 31, 

 

December 31,

 

 

    

Life (Years)

 

2016

    

2015

 

Office and computer equipment

 

3

    

$

409

 

$

395

 

Software

 

3

 

 

708

 

 

632

 

Laboratory equipment

 

5

 

 

4,516

 

 

4,112

 

Furniture

 

5-7

 

 

200

 

 

187

 

Manufacturing equipment

 

5

 

 

897

 

 

577

 

Manufacturing tooling and molds

 

0.5

 

 

154

 

 

71

 

T2-owned instruments and components

 

5

 

 

9,119

 

 

4,960

 

Leasehold improvements

 

Lesser of useful life or lease term

 

 

3,353

 

 

3,332

 

Construction in progress

 

n/a

 

 

1,299

 

 

1,196

 

 

 

 

 

 

20,655

 

 

15,462

 

Less accumulated depreciation and amortization

 

 

 

 

(7,066)

 

 

(4,807)

 

Property and equipment, net

 

 

 

$

13,589

 

$

10,655