Quarterly report pursuant to Section 13 or 15(d)

4. Property and Equipment, net

v3.10.0.1
4. Property and Equipment, net
 6 Months Ended
Jun. 30, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

4. Property and Equipment, net

 

Property and equipment, net consists of the following:

 

    June 30,
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     (341,874 )     (330,475 )
Property and equipment – net   $ 16,447     $ 27,846  

 

Depreciation expense was approximately $5,000 and $6,000 for the three months ended June 30, 2018 and 2017, respectively, and approximately $11,000 and $14,000 for the six months ended June 30, 2018 and 2017, respectively.