Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, net

v3.10.0.1
Property and Equipment, net
9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
 
Property and equipment, net consists of the following: (in thousands):

September 30, 2018 December 31, 2017
Office furniture and equipment $ 169  $
Leasehold improvements 118  — 
Computer equipment
76  48 
Software 71  — 
Lab equipment
Total $ 441  $ 57 
Less: accumulated depreciation (50) (24)
Property and equipment, net $ 391  $ 33 

During the nine months ended September 30, 2018 and 2017, the Company recorded $0.03 and $0.01 million of depreciation expense, respectively. Leasehold improvements as of September 30, 2018, includes $0.08 million of tenant improvement allowance paid by the landlord. There were none in 2017.