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Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
Property and Equipment, Net  
Property and Equipment, Net

Note 4 – Property and Equipment, Net

As of December 31, 2019 and 2018, property and equipment consisted of the following:

 

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2019

    

2018

Equipment

 

$

229,529

 

$

62,886

Leasehold improvements

 

 

82,500

 

 

40,000

 

 

 

312,029

 

 

102,886

Less: accumulated depreciation and amortization

 

 

(81,491)

 

 

(66,148)

Property and equipment, net

 

$

230,538

 

$

36,738

 

Depreciation and amortization expense was $15,343 and $19,129 for the years ended December 31, 2019 and 2018, respectively, of which $9,762 and $17,966 was included within research and development expenses and $5,581 and $1,163 was included in general and administrative expenses in the statements of operations for the years ended December 31, 2019 and 2018, respectively.