Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.5.0.2
Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
Property and equipment at September 30, 2016 (unaudited) and December 31, 2015 consists of the following:
 
 
 
Estimated Useful
 
September 30,
 
December 31,
 
 
 
Life (Years)
 
2016
 
2015
 
Laboratory Equipment
 
 
7
 
$
-
 
$
14,661
 
Computer Equipment
 
 
3
 
 
-
 
 
182,914
 
Computer Software
 
 
3
 
 
-
 
 
46,038
 
Furniture, Fixtures and Office Equipment
 
 
5
 
 
-
 
 
24,480
 
Leased Equipment
 
 
3
 
 
42,576
 
 
-
 
 
 
 
 
 
 
42,576
 
 
268,093
 
Less: Accumulated Depreciation
 
 
 
 
 
-
 
 
268,093
 
 
 
 
 
 
$
42,576
 
$
-