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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2015
PROPERTY AND EQUIPMENT [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3 - PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following: December 31, 
  2015  2014 
Equipment laboratory $139,000  $- 
Furniture and office equipment  209,000   14,000 
Leasehold improvement  33,000   - 
         
   381,000   14,000 
Less accumulated depreciation and amortization  31,000   10,000 
Property and equipment, net $350,000  $4,000 

 

Depreciation and amortization on property and equipment was $13,000 and $2,000 for the years ended December 31, 2015 and 2014, respectively.