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Property and Equipment
6 Months Ended
Jun. 30, 2016
Property and Equipment [Abstract]  
Property and Equipment

Note 4 - Property and Equipment

 

Property and equipment consisted of the following at June 30, 2016 and December 31, 2015:

 

    June 30,  December 31, 
  Lives 2016  2015 
Lab equipment 3 years $116,070  $116,070 
Office equipment 3 years  124,448   82,974 
Less: accumulated depreciation    (130,524)  (92,932)
Property and equipment, net   $109,994  $106,112 

 

Depreciation expense for the three months ended June 30, 2016 and 2015 was $19,472 and $16,194, respectively. Depreciation expense for the six months ended June 30, 2016 and 2015 was $37,592 and $26,589, respectively.