XML 17 R9.htm IDEA: XBRL DOCUMENT

Property and Equipment

3 Months Ended

Mar. 31, 2015

Note 4 - Property and Equipment

Property and equipment consisted of the following at March 31, 2015 and December 31, 2014:

		March 31,			December 31,
	Lives	2015			2014

Lab equipment	3 years	$	92,802		$	108,713
Office equipment	3 years		58,455			58,455
Less: accumulated depreciation			(49,863	)		(39,468	)
Property and equipment, net		$	101,394		$	127,700

Depreciation expense for the three months ended March 31, 2015 and 2014 was $10,395 and $1,405, respectively.

- 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+ Details