Kiora Pharmaceuticals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

3 Months Ended

Mar. 31, 2021

3. Property and Equipment

Property and equipment at March 31, 2021 and December 31, 2020 consists of the following:


	Estimated
	Useful Life	March 31, 2021
	(Years)	(unaudited)		December 31, 2020
Laboratory Equipment	3	$	82,653	$	82,653
Office Equipment	3		3,737		3,888
Office Furniture	5		72,549		14,430
Leasehold Improvements	2		22,569		22,569
Total Property and Equipment, Gross			181,508		123,540
Less Accumulated Depreciation			97,244		92,974
Total Property and Equipment, Net		$	84,264	$	30,566

Depreciation expense was $4,349 and $817 for the three-month periods ended March 31, 2021 and 2020, respectively.