XML 24 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1

Property and Equipment

9 Months Ended

Sep. 30, 2017

Property Plant And Equipment [Abstract]

Property and Equipment

Note 5. Property and Equipment

Depreciation and amortization of property and equipment is calculated on the straight-line method based on estimated useful lives of six to ten years for tenant improvements and three years for all other property and equipment.  Property and equipment consist of the following:

		September 30,				December 31,
		2017				2016
Lab equipment		$	1,851,722			$	1,314,060
Computer equipment			165,415				165,415
Computer software			299,227				299,227
Furniture and fixtures			202,218				184,233
Tenant improvements			763,898				763,898
Other office equipment			63,824				20,591
			3,346,304				2,747,424
Less accumulated depreciation			(2,277,155	)			(1,940,338	)
		$	1,069,149			$	807,086

Depreciation expense was $114,358 and $121,068 for the three months ended September 30, 2017 and 2016, respectively, and $336,817 and $357,425 for the nine months ended September 30, 2017 and 2016, respectively.

X

- References

No definition available.

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for intangible assets and 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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentAndIntangibleAssetsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration