Quarterly report pursuant to Section 13 or 15(d)

Property, plant and equipment, net

v3.7.0.1
Property, plant and equipment, net
 3 Months Ended
Mar. 31, 2017
Property, plant and equipment, net  
Property, plant and equipment, net

Note 5 — Property, plant and equipment, net

 

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

 

 

 

March 31,
2017

 

December 31,
2016

 

 

 

 

 

 

 

Computer equipment

 

$
2,087

 

$
1,904

 

Laboratory equipment

 
12,429

 
11,423

 

Office equipment

 
294

 
265

 

Leasehold improvements

 
8,271

 
4,498

 

Assets under construction

 
17,580

 
14,332

 

 

 

 

 

 

 

 

 
40,661

 
32,422

 

Less accumulated depreciation

 
(5,569

)
(4,523

)

 

 

 

 

 

 

 

 

$
35,092

 

$
27,899

 

 

 

 

 

 

 

 

 

 

Depreciation expense for the three months ended March 31, 2017 and March 31, 2016 was $986,000 and $707,000, respectively.