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Property and Equipment
9 Months Ended
Sep. 30, 2016
Property and Equipment [Abstract]  
Property and Equipment

Note 4 - Property and Equipment

 

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

 

     September 30,  December 31, 
  Lives  2016  2015 
Lab equipment  3 years  $117,325  $116,070 
Office equipment  3 years   124,448   82,974 
Less: accumulated depreciation      (150,602)  (92,932)
Property and equipment, net     $91,171  $106,112 

 

Depreciation expense for the three months ended September 30, 2016 and 2015 was $20,078 and $16,820, respectively. Depreciation expense for the nine months ended September 30, 2016 and 2015 was $57,670 and $43,409, respectively.