Property and Equipment
 12 Months Ended
Dec. 31, 2014
Property and Equipment  
Property and Equipment

4. Property and Equipment

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

                                                                                                                                                                                    

 

 

 

 

December 31,

 

 

 

Estimated Useful
Life (In Years)

 

 

 

2014

 

2013

 

Furniture and fixtures

 

5

 

$
167

 

$
68

 

Computer equipment and software

 

3

 

 
230

 

 
286

 

Manufacturing equipment

 

10

 

 
598

 

 

—

 

Leasehold improvements

 

Shorter of useful life or remaining lease term

 

 
16

 

 
505

 

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​  

​

 

 

 

 

 
1,011

 

 
859

 

Less accumulated depreciation and amortization

 

 

 

 
(169

)

 
(783

)

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Property and equipment, net

 

 

 

$
842

 

$
76

 

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        During the year ended December 31, 2014, the Company retired $0.7 million of property and equipment. The retirement was primarily due to the disposal of leasehold improvements and other property as a result of the Company's office relocation. All assets were fully depreciated prior to retirement.