Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2018
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

9. PROPERTY AND EQUIPMENT

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

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2018

    

2017

 

Laboratory equipment

 

$
11,317

 

$
11,122

 

Computer and software

 

 
1,521

 

 
1,320

 

Furniture and equipment

 

 
1,403

 

 
711

 

Total property and equipment

 

 
14,241

 

 
13,153

 

Less accumulated depreciation and amortization

 

 
(12,854)

 

 
(12,278)

 

Property and equipment, net

 

$
1,387

 

$
875

 

 

During 2018 and 2017, we disposed of approximately $18,000 and $7.0 million, respectively, of fully depreciated assets.

Total depreciation and amortization expense were $594,000,  $465,000 and $941,000 for the years ended December 31, 2018, 2017 and 2016, respectively. During the year ended December 31, 2016, we recognized an impairment loss on certain property and equipment of $319,000 (see Note 11) and recorded this as part of Restructuring Charges in the Statements of Operations.