Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.8.0.1
Property and Equipment
 12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
3. Property and Equipment
 
Property and equipment at December 31, 2017 and 2016 consists of the following:
 
 
 
Estimated Useful Life
(Years)
 
2017
 
2016
 
Laboratory Equipment
 
 
3
 
$
42,576
 
$
42,576
 
Office Furniture
 
 
5
 
 
14,430
 
 
-
 
Leasehold Improvements
 
 
2
 
 
22,569
 
 
-
 
 
 
 
 
 
 
79,575
 
 
42,576
 
Less Accumulated Depreciation
 
 
 
 
 
23,824
 
 
4,536
 
 
 
 
 
 
$
55,751
 
$
38,040
 
 
Depreciation expense was $19,288 and $5,185 for the years ended December 31, 2017 and 2016, respectively.