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Property and Equipment
12 Months Ended
Dec. 31, 2015
Property and Equipment [Abstract]  
Property and Equipment

Note 4 – Property and Equipment

 

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

 

    December 31,  December 31, 
  Lives 2015  2014 
         
Lab equipment 3 years $116,070  $108,713 
Office equipment 3 years  82,974   58,455 
Less: accumulated depreciation    (92,932)  (39,468)
Property and equipment, net   $106,112  $127,700 

 

Depreciation expense for the years ended December 31, 2015, 2014 and 2013 was $53,465, $37,908 and $1,560, respectively. The Company wrote off certain undepreciated property and equipment during the year ended December 31, 2013 and recorded a loss of $4,122 on the disposition.