Quarterly report pursuant to Section 13 or 15(d)

Leasehold Improvements and Equipment

v3.20.2
Leasehold Improvements and Equipment
 9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Leasehold Improvements and Equipment

Note 6 – Leasehold Improvements and Equipment

 

Leasehold improvements and equipment, summarized by major category, consist of the following as of September 30, 2020 and December 31, 2019:

 

 

    September 30,
2020		     December 31,
2019		  
Lab equipment   $ 1,443     $ 1,437  
Leasehold improvements     878       878  
Total     2,321       2,315  
Less: accumulated depreciation and amortization     739       566  
Leasehold improvements and equipment, net   $ 1,582     $ 1,749  

 

 

Depreciation and amortization expense for the three and nine months ended September 30, 2020 was approximately $57.8 thousand and approximately $173.2 thousand, respectively, and for the three and nine months ended September 30, 2019 was approximately $52.0 thousand and approximately $148.9 thousand, respectively.