XML 20 R10.htm IDEA: XBRL DOCUMENT v3.20.2
Property and Equipment
6 Months Ended
Jun. 30, 2020
Property and Equipment  
Property and Equipment

4. Property and Equipment

Property and equipment, net consists of the following:

June 30, 

December 31, 

    

2020

    

2019

 

Furniture and fixtures

$

345,712

$

345,712

Laboratory equipment

 

1,417,952

 

1,409,526

Office equipment

 

16,755

 

11,085

Computer equipment

 

309,024

 

302,009

Leasehold improvements

616,133

616,133

Property and equipment

 

2,705,576

 

2,684,465

Less accumulated depreciation

 

(1,997,417)

 

(1,861,545)

Property and equipment, net

$

708,159

$

822,920

Depreciation expense was $67,681 and $71,191 for the three months ended June 30, 2020 and 2019, respectively, and $135,872 and $141,631 for the six months ended June 30, 2020 and 2019, respectively.