Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, net (Tables)

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Property and Equipment, net (Tables)
9 Months Ended
Sep. 30, 2014
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net consists of the following:

 

      September 30,
2014
    December 31,
2013
 

    Laboratory equipment

   $     245,450      $ 1,106,761    

    Office and computer equipment

     192,344        137,974    

    Leasehold improvements

     94,855        69,296    

    Furniture and fixtures

     51,291        52,904    

    Property and equipment – at cost

     583,940        1,366,935    

    Less accumulated depreciation

     (446,933     (1,214,332)   

    Property and equipment – net

   $ 137,007      $ 152,603