Property and equipment consist of the following (in thousands):
As of December 31,
2015
2014
Laboratory equipment
$
1,314
1,163
Computer equipment
350
260
Office furniture and equipment
25
292
Leasehold improvements
33
117
1,722
1,832
Less accumulated depreciation and amortization
(1,146
)
(1,490
Property and equipment, net
576
342