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):
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.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef