Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net (Tables)

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Property and Equipment, net (Tables)
12 Months Ended
Dec. 31, 2013
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net consists of the following:

 

     December 31,  
     2013     2012  

Laboratory equipment

  $         1,106,761      $         1,028,417   

Office and computer equipment

    190,878        162,111   

Leasehold improvements

    69,296        67,913   

Property and equipment – at cost

    1,366,935        1,258,441   

Less accumulated depreciation

    (1,214,332     (1,136,359

Property and equipment – net

  $ 152,603      $ 122,082