Quarterly report pursuant to Section 13 or 15(d)

Property, plant and equipment, net

v3.5.0.2
Property, plant and equipment, net
 6 Months Ended
Jun. 30, 2016
Property, plant and equipment, net  
Property, plant and equipment, net

 

Note 5 — Property, plant and equipment, net

 

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

 

 

 

June 30,
2016

 

December 31,
2015

 

 

 

 

 

 

 

Computer equipment

 

$
1,538

 

$
1,182

 

Laboratory equipment

 
11,276

 
11,016

 

Office equipment

 
237

 
258

 

Leasehold improvements

 
1,521

 
1,631

 

Assets under construction

 
2,130

 
1,147

 

 

 

 

 

 

 

 

 
16,702

 
15,234

 

Less accumulated depreciation

 
(3,258

)
(2,009

)

 

 

 

 

 

 

 

 

$
13,444

 

$
13,225

 

 

 

 

 

 

 

 

 

 

Depreciation expense was $804,000 and $297,000 for the three months ended June 30, 2016 and 2015, respectively and $1,512,000 and $365,000 for the six months ended June 30, 2016 and 2015, respectively.