Note D - Property and Equipment
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
D.
Property and Equipment
 
 
Property and equipment consists of the following (in thousands):
 
   
December 31,
 
   
2016
   
2015
 
Laboratory equipment
  $
842
    $
530
 
Furniture and office equipment
   
733
     
169
 
Computers and hardware
   
231
     
176
 
Leasehold improvements
   
769
     
6
 
Total property and equipment
   
2,575
     
881
 
Less: accumulated depreciation and amortization
   
(605
)
   
(478
)
Property
and equipment, net
  $
1,970
    $
403
 
 
The Company leases various equipment and leasehold improvements under capital lease agreements. The assets under capital leases are included in property and equipment as follows (in thousands):
 
   
December 31,
 
   
2016
   
2015
 
Laboratory equipment
  $
271
    $
 
Furniture and office equipment    
537
     
94
 
Leasehold improvements    
59
     
 
Total property and equipment financed under a capital lease agreement    
 867
     
 94
 
Less: accumulated depreciation and amortization
   
(31
)
   
(22
)
Property and equipment financed under a capital lease agreement, net   $
836
    $
72
 
 
The estimated useful lives of property and equipment are as follows:
 
   
Useful Life
 
Asset Category
 
(in years)
 
Laboratory equipment
   
10
 
Furniture and office equipment
   
5 - 10
 
Computers and hardware
   
3 - 7
 
Leasehold improvements
   
9
 
 
Depreciation and amortization expense, including amounts
pertaining to assets held under capital leases, was approximately
$175,000,
$84,000
and 
$75,000
for the years ended
December
31,
2016,
2015
and
2014,
respectively.