Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.7.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2016
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 4 – Property and Equipment

 

Property and equipment consist of the following:

 

    As of December 31,  
    2016     2015  
Lab equipment   $ 304,499     $ 222,724  
Computer and equipment     21,378       14,238  
Total property and equipment     325,877       236,962  
Less: accumulated depreciation     (95,365 )     (37,387 )
Total property and equipment, net   $ 230,512     $ 199,575  

 

Depreciation expense related to property and equipment for the years ended December 31, 2016 and 2015 was $57,978 and $30,727, respectively.