Achieve Life Sciences, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment

Property and Equipment

12 Months Ended

Dec. 31, 2014

Property Plant And Equipment [Abstract]

Property and Equipment

6. PROPERTY AND EQUIPMENT

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

			Accumulated		Net Book
	Cost		Depreciation		Value
December 31, 2014
Computer equipment	$	493	$	395	$	98
Furniture and fixtures		170		151		19
Leasehold improvements		55		55		—
Computer software		462		342		120
Equipment under capital lease		114		94		20
Total property and equipment	$	1,294	$	1,037	$	257
December 31, 2013
Computer equipment	$	873	$	538	$	335
Furniture and fixtures		170		139		31
Leasehold improvements		54		53		1
Equipment under capital lease		114		84		30
Total property and equipment	$	1,211	$	814	$	397

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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