XML 35 R11.htm IDEA: XBRL DOCUMENT v3.19.1

Property and Equipment

12 Months Ended

Dec. 31, 2018

Property Plant And Equipment [Abstract]

Property and Equipment

(3)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 to five years for all other property and equipment. Property and equipment consist of the following:

		As of December 31,
		2018				2017
Lab equipment		$	2,503,086			$	1,914,911
Computer equipment			113,248				169,366
Computer software			193,694				299,227
Furniture and fixtures			266,960				202,218
Tenant improvements			894,304				763,898
Other office equipment			126,099				63,825
			4,097,391				3,413,445
Less accumulated depreciation			(2,696,800	)			(2,376,585	)
		$	1,400,591			$	1,036,860

Depreciation expense was $586,884, $436,247 and $495,347 for the years ended December 31, 2018, 2017 and 2016, respectively.  For the year ended December 31, 2018, the Company incurred a $39,251 loss on disposal of fixed assets.  

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

+ Details

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