Quarterly report pursuant to Section 13 or 15(d)

Property, plant and equipment, net

v3.8.0.1
Property, plant and equipment, net
 9 Months Ended
Sep. 30, 2017
Property, plant and equipment, net  
Property, plant and equipment, net

 

Note 6 — Property, plant and equipment, net

 

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

 

 

 

September 30, 
2017

 

December 31, 
2016

 

Computer equipment

 

$
2,339

 

$
1,904

 

Laboratory equipment

 
16,978

 
11,423

 

Office equipment

 
837

 
265

 

Leasehold improvements

 
27,268

 
4,498

 

Assets under construction

 
129

 
14,332

 

 

 

 

 

 

 

 

 
47,551

 
32,422

 

Less accumulated depreciation

 
(7,780

)
(4,523

)

 

 

 

 

 

 

 

 

$
39,771

 

$
27,899

 

 

 

 

 

 

 

 

 

 

Depreciation expense was $1,395,000 and $779,000 for the three months ended September 30, 2017 and 2016, respectively, and $3,418,000 and $2,290,000 for the nine months ended September 30, 2017 and 2016, respectively.