Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.8.0.1
Property and Equipment
3 Months Ended
Mar. 31, 2018
Property Plant And Equipment [Abstract]  
Property and Equipment

5.

Property and Equipment

Property and equipment consisted of the following as of each period end:

 

 

 

March 31,

 

 

December 31,

 

 

 

2018

 

 

2017

 

 

 

(in thousands)

 

Construction in progress

 

$

55,083

 

 

$

40,797

 

Lab equipment

 

 

2,156

 

 

 

2,156

 

Machinery equipment

 

 

885

 

 

 

885

 

Leasehold improvements

 

 

623

 

 

 

623

 

Furniture and fixtures

 

 

536

 

 

 

536

 

Computer equipment and software

 

 

589

 

 

 

477

 

 

 

 

59,872

 

 

 

45,474

 

Less accumulated depreciation and amortization

 

 

(1,678

)

 

 

(1,345

)

Property and equipment, net

 

$

58,194

 

 

$

44,129

 

 

Construction in progress represents capitalized costs for our manufacturing facility in Thousand Oaks, California and capitalizable costs incurred for development of internal use software. Depreciation and amortization expense was $0.3 million and $0.2 million for the three months ended March 31, 2018 and 2017, respectively.