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.