Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.10.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
3. Property and Equipment
 
Property and equipment at December 31, 2018 and 2017 consists of the following: 
 
 
 
Estimated Useful Life
(Years)
 
2018
 
 
2017
 
Laboratory Equipment
 
3
 
$
62,576
 
 
$
42,576
 
Office Furniture
 
5
 
 
14,430
 
 
 
14,430
 
Leasehold Improvements
 
2
 
 
22,569
 
 
 
22,569
 
 Total Property and Equipment, Gross
 
 
 
 
99,575
 
 
 
79,575
 
Less Accumulated Depreciation
 
 
 
 
56,057
 
 
 
23,824
 
 Total Property and Equipment, Net
 
 
 
$
43,518
 
 
$
55,751
 
 
Depreciation expense was $32,233 and $19,288 for the years ended December 31, 2018 and 2017, respectively.