Quarterly report pursuant to Section 13 or 15(d)

4. Property and Equipment, net

4. Property and Equipment, net

6 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Property and equipment, net consists of the following:

	June 30, 2016			December 31, 2015
Laboratory equipment	$	264,583		$	249,969
Office and computer equipment		35,190			35,190
Leasehold improvements		26,841			26,841
Furniture and fixtures		20,263			20,263
Property and equipment – at cost		346,877			332,263
Less accumulated depreciation		(288,406	)		(270,242	)
Property and equipment – net	$	58,471		$	62,021

Depreciation expense was $9,082 and $8,551 for the three months ended June 30, 2016 and 2015, respectively, and $18,164 and $38,828 for the six months ended June 30, 2016 and 2015, respectively.