Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.7.0.1
Property and Equipment
6 Months Ended
Jun. 30, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
3.
Property and Equipment
 
Property and equipment at June 30, 2017 (unaudited) and December 31, 2016 consists of the following:
 
 
 
Estimated
Useful Life
(Years)
 
June 30,
2017
 
December 31,
2016
 
Laboratory Equipment
 
7
 
$
42,576
 
$
42,576
 
Less: Accumulated Depreciation
 
 
 
 
13,609
 
 
4,536
 
 
 
 
 
$
28,967
 
$
38,040
 
 
Depreciation expense was $4,536 and $161 for the three-month periods ended June 30, 2017 and 2016, respectively, and $9,072 and $245 for the six-month periods ended June 30, 2017 and 2016, respectively.