XML 16 R9.htm IDEA: XBRL DOCUMENT v3.2.0.727
Property and Equipment
6 Months Ended
Jun. 30, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

Property and equipment consists of the following:

 

     June 30,
2015
     December 31,
2014
 

Furniture and fixtures

   $ 253,562       $ 122,653   

Laboratory equipment

     1,039,268         992,232   

Office equipment

     10,467         10,467   

Computer equipment

     193,920         190,554   

Leasehold improvements

     77,971         41,843   
  

 

 

    

 

 

 

Property and equipment

     1,575,188         1,357,749   

Less accumulated depreciation

     (996,014      (905,479
  

 

 

    

 

 

 

Property and equipment, net

   $ 579,174       $ 452,270   
  

 

 

    

 

 

 

 

Depreciation expense was $46,290 and $38,852 for the three months ended June 30, 2015 and 2014, respectively, and $90,535 and $73,472 for the six months ended June 30, 2015 and 2014, respectively.