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EQUIPMENT | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2013 | Dec. 31, 2012
EQUIPMENT [Abstract] |  |
EQUIPMENT | NOTE 3 - EQUIPMENT Equipment consists of the following:
|  | June 30, 2013 |  |  | December 31, 2012 |
Office equipment |  | $ | 22,145 |  |  | $ | 12,741 |
Lab equipment |  |  | 467,582 |  |  |  | 388,521 |
Furniture |  |  | 4,061 |  |  |  | 4,061 |
Leasehold Improvements |  |  | 37,519 |  |  |  | 28,134 |
|  |  | 531,307 |  |  |  | 433,457 |
Less: Accumulated depreciation |  |  | 182,693 |  |  |  | 132,463 |
|  | $ | 348,614 |  |  | $ | 300,994 |
Depreciation expense for the six months ending June 30, 2013 and 2012 was $51,902 and $16,486. Depreciation expense for the three months ending June 30, 2013 and 2012 was $29,289 and $9,750. | NOTE 3 - PROPERTY AND EQUIPMENT Equipment consists of the following:
| December 31, 2012 |  | December 31, 2011
Office equipment | $ 12,741 |  | $ 12,816
Lab equipment | 388,521 |  | 169,028
Furniture | 4,061 |  | 3,494
Leasehold improvements | 28,134 |  | 5,368
| 433,457 |  | 190,706
Less: Accumulated depreciation | 132,463 |  | 101,955
| $ 300,994 |  | $ 88,751
Depreciation expense for the years ending December 31, 2012 and 2011 was $53,391 and $26,711.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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