Quarterly report pursuant to Section 13 or 15(d)

Equipment, Net

v2.4.1.9
Equipment, Net
3 Months Ended
Mar. 31, 2015
Equipment, Net [Abstract]  
Equipment, Net

5.  Equipment, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

December 31,

 

 

2015

2014

 

 

 

 

 

 

Furniture and fixtures

 

$

74,204 

$

70,320 

Office equipment

 

 

61,944 

 

57,893 

Lab and computer equipment

 

 

425,195 

 

425,195 

Leasehold improvements

 

 

133,762 

 

133,762 

 

 

 

 

 

 

Total equipment

 

 

695,105 

 

687,170 

Less: Accumulated depreciation and amortization

 

 

(615,239)

 

(609,074)

 

 

 

 

 

 

Net carrying amount

 

$

79,866 

$

78,096 

 

Depreciation and amortization expense was $6,165 and $9,044 for the three months ended March 31, 2015 and 2014, respectively.