XML 21 R10.htm IDEA: XBRL DOCUMENT v3.24.3
Property and Equipment
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following at:
September 30, 2024December 31, 2023
Laboratory equipment$1,024,033 $1,013,134 
Computers and office equipment30,825 30,825 
Furniture and fixtures24,316 24,316 
Leasehold improvements28,855 28,855 
Building equipment14,932 14,932 
Total property and equipment1,122,961 1,112,062 
Less accumulated depreciation & amortization(484,854)(401,987)
Total property and equipment, net$638,107 $710,075 
Depreciation and amortization expense was $30,007 and $89,877 for the three and nine months ended September 30, 2024, respectively. Depreciation and amortization expense was $30,571 and $92,000 for the three and nine months ended September 30, 2023, respectively. Fixed assets are reviewed for impairment each reporting period. The Company recorded losses on disposal of assets of $4,859 for the three and nine months ended September 30, 2024 respectively. The Company recorded losses on disposal of assets of $41,417 for the three and nine months ended September 30, 2023, respectively.