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Property and Equipment
 6 Months Ended
Jun. 30, 2024
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

4. PROPERTY AND EQUIPMENT

 

As of June 30, 2024 and December 31, 2023, Property and Equipment, net consists of:

 

   June 30,
2024		   December 31,
2023		 
Lab Equipment  $233,411   $132,911 
Machinery   55,800    55,800 
Computer Equipment   7,000    14,084 
Furniture   3,030    3,030 
Property and Equipment, at cost   299,241    205,825 
Accumulated Depreciation   (139,650)   (148,064)
Property and Equipment, Net  $159,591   $57,761 

 

Machinery of $55,800 and Lab Equipment of $67,000 have not yet been placed into service and therefore depreciation has not commenced as of June 30, 2024. Depreciation expense for the three months ended June 30, 2024 and 2023 was in the amount of $1,536 and $6,901, respectively ($1,943 and $13,802 for the six months ended June 30, 2024 and 2023, respectively).