Quarterly report pursuant to Section 13 or 15(d)

4. Property and Equipment, net

v3.8.0.1
4. Property and Equipment, net
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

4. Property and Equipment, net

 

Property and equipment, net consists of the following:

 

    March 31,
2018
    December 31,
2017
 
Laboratory equipment   $ 264,583     $ 264,583  
Office and computer equipment     46,634       46,634  
Leasehold improvements     26,841       26,841  
Furniture and fixtures     20,263       20,263  
Property and equipment – at cost     358,321       358,321  
Less accumulated depreciation     (336,198 )     (330,475 )
Property and equipment – net   $ 22,123     $ 27,846  

 

Depreciation expense was approximately $6,000 and $8,000 for the three months ended March 31, 2018 and 2017, respectively.