Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.19.1
Property and Equipment, net
12 Months Ended
Dec. 31, 2018
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, 2018 and 2017:

 

 

 

2018

 

 

2017

 

Furniture and fixtures

 

$

20,742

 

 

$

20,742

 

Laboratory equipment

 

 

936,041

 

 

 

812,215

 

Leasehold improvements

 

 

487,871

 

 

 

487,871

 

Office and computer equipment

 

 

286,227

 

 

 

285,326

 

 

 

 

1,730,881

 

 

 

1,606,154

 

Accumulated depreciation and amortization

 

 

(1,614,605

)

 

 

(1,584,495

)

Property and equipment, net

 

$

116,276

 

 

$

21,659

 

 

Depreciation and amortization expense for the years ending December 31, 2018 and 2017 was $30,110 and $65,803 respectively.