Quarterly report pursuant to Section 13 or 15(d)

Equipment, Net

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Equipment, Net
 6 Months Ended
Jun. 30, 2015
Equipment, Net [Abstract]  
Equipment, Net

5.  Equipment, Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

December 31,

 

 

2015

2014

 

 

 

 

 

 

Furniture and fixtures

 

$
74,204 

$
70,320 

Office equipment

 

 
64,397 

 
57,893 

Lab and computer equipment

 

 
427,195 

 
425,195 

Leasehold improvements

 

 
133,762 

 
133,762 

 

 

 

 

 

 

Total equipment

 

 
699,558 

 
687,170 

Less: Accumulated depreciation and amortization

 

 
(621,717)

 
(609,074)

 

 

 

 

 

 

Net carrying amount

 

$
77,841 

$
78,096 

 

Depreciation and amortization expense was $6,479 and  $9,630 for the three months ended June 30, 2015 and 2014, respectively, and $12,643 and $18,674 for the six months ended June 30, 2015 and 2014, respectively.