Mustang Bio, Inc. Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Mustang’s property and equipment consisted of the following:


	Estimated Useful	December 31,		December 31,
($ in thousands)	Life (in years)	2019		2018
Computer equipment	3	$	53	$	53
Furniture and fixtures	5		145		111
Machinery and equipment	5		4,594		3,143
Leasehold improvements	9		3,877		3,790
Construction in process	N/A		1,157		393
Total property and equipment			9,826		7,490
Less: accumulated depreciation			(1,890)		(632)
Property and equipment, net		$	7,936	$	6,858