Annual report pursuant to Section 13 and 15(d)

Property, plant and equipment, net

v3.10.0.1
Property, plant and equipment, net
12 Months Ended
Dec. 31, 2018
Property, plant and equipment, net  
Property, plant and equipment, net

Note 6 — Property, plant and equipment, net

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

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

 

    

2018

    

2017

Computer equipment

 

$

2,916

 

$

2,706

Laboratory equipment

 

 

21,280

 

 

18,745

Office equipment

 

 

847

 

 

858

Leasehold improvements

 

 

26,873

 

 

27,441

Assets under construction

 

 

126

 

 

393

 

 

 

52,042

 

 

50,143

Less accumulated depreciation

 

 

(15,924)

 

 

(9,464)

 

 

$

36,118

 

$

40,679

 

Depreciation expense was $7,188,000,  $5,032,000 and $3,126,000 for the years ended December 31, 2018 2017, and 2016, respectively.

The Company has disposed of leasehold improvements resulting in a loss on disposal of $7,000,  $194,000 and $122,000 in the years ended December 31, 2018 and 2017, respectively, which is included within general and administrative expenses in the statement of operations.