Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.22.1
Property and Equipment
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 4 – Property and Equipment

 

Property and equipment consist of the following:

 

    As of
December 31,		  
    2021     2020  
Lab equipment   $ 860,433     $ 860,433  
Computer and equipment     72,062       65,665  
Total property and equipment   $ 932,495     $ 926,098  
Less: accumulated depreciation     (671,883 )     (532,094 )
Total property and equipment, net   $ 260,612     $ 394,004  

 

Depreciation expense related to property and equipment for the years ended December 31, 2021 and 2020 was $0.1 million and $0.2 million, respectively.