Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.19.3.a.u2
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

3. Property and Equipment, net

 

Property and equipment, net consists of the following as of December 31, 2019 and 2018:

 

    2019     2018  
Furniture and fixtures   $ 20,742     $ 20,742  
Laboratory equipment     944,657       936,041  
Leasehold improvements     487,871       487,871  
Office and computer equipment     302,825       286,227  
      1,756,095       1,730,881  
Accumulated depreciation and amortization     (1,664,127 )     (1,614,605 )
Property and equipment, net   $ 91,968     $ 116,276  

 

Depreciation and amortization expense for the years ending December 31, 2019 and 2018 was $62,622 and $30,110 respectively.