Annual report pursuant to Section 13 and 15(d)

Equipment, Net

v2.4.0.8
Equipment, Net
12 Months Ended
Dec. 31, 2013
Equipment, Net [Abstract]  
Equipment, Net

6.  Equipment, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

December 31,

 

 

2013

2012

 

 

 

 

 

 

Furniture and fixtures

 

$

59,133 

$

34,200 

Office equipment

 

 

41,752 

 

81,074 

Lab and computer equipment

 

 

425,195 

 

430,261 

Leasehold improvements

 

 

119,841 

 

119,841 

 

 

 

 

 

 

Total equipment

 

 

645,921 

 

665,376 

Less: Accumulated depreciation

 

 

(580,749)

 

(613,220)

 

 

 

 

 

 

Net carrying amount

 

$

65,172 

$

52,156 

 

Depreciation expense was $37,133 and $42,386 for the years ended December 31, 2013 and 2012, respectively.