Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.8.0.1
Property and Equipment
9 Months Ended
Sep. 30, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
3. Property and Equipment
 
Property and equipment at September 30, 2017 (unaudited) and December 31, 2016 consists of the following:
 
 
 
Estimated
 
 
 
 
 
 
 
Useful Life
 
September 30,
 
December 31,
 
 
 
(Years)
 
2017
 
2016
 
Laboratory Equipment
 
3
 
$
42,576
 
$
42,576
 
Less: Accumulated Depreciation
 
 
 
 
18,145
 
 
4,536
 
 
 
 
 
$
24,431
 
$
38,040
 
 
Depreciation expense was $4,536 and $404 for the three-month periods ended September 30, 2017 and 2016, respectively, and $13,608 and $649 for the nine-month periods ended September 30, 2017 and 2016, respectively.