Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.6.0.2
Property and Equipment, net
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

4. Property and Equipment, net

Property and equipment, net consists of the following as of December 31, 2016 and 2015:

 

     2016      2015  

Furniture and fixtures

   $ 20,742      $ 20,742  

Laboratory equipment

     812,215        794,625  

Leasehold improvements

     487,871        487,871  

Office and computer equipment

     285,326        285,326  
  

 

 

    

 

 

 
     1,606,154        1,588,564  

Accumulated depreciation and amortization

     (1,518,692      (1,447,913
  

 

 

    

 

 

 

Property and equipment, net

   $ 87,462      $ 140,651  
  

 

 

    

 

 

 

Depreciation and amortization expense for the years ending December 31, 2016 and 2015 was $75,044 and $71,152, respectively.