Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.3.1.900
PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2015
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

7. PROPERTY AND EQUIPMENT

Property and equipment consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2015

    

2014

 

Laboratory equipment

 

$

17,892

 

$

23,228

 

Computer and software

 

 

1,189

 

 

1,225

 

Furniture and equipment

 

 

682

 

 

1,177

 

Total property and equipment

 

$

19,763

 

$

25,630

 

Less accumulated depreciation and amortization

 

 

(18,150)

 

 

(23,121)

 

Property and equipment, net

 

$

1,613

 

$

2,509

 

 

During 2015 and 2014, we disposed of approximately $6.5 million and $1.6 million, respectively, of fully depreciated assets.

Total depreciation and amortization expense was $1.4 million, $2.4 million and $2.6 million for the years ended December 31, 2015, 2014 and 2013, respectively