Kiora Pharmaceuticals, Inc. Annual report pursuant to Section 13 and 15(d)

Property and Equipment

12 Months Ended

Dec. 31, 2021

3. Property and Equipment

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


	Estimated Useful
	Life
	(Years)	2021		2020
Laboratory Equipment	3	$	88,399	$	82,653
Office Equipment	3		3,614		3,888
Office Furniture	5		72,549		14,430
Leasehold Improvements	2		22,569		22,569
Total Property and Equipment, Gross			187,131		123,540
Less Accumulated Depreciation			113,132		92,974
Total Property and Equipment, Net		$	73,999	$	30,566

Depreciation expense was $20,296 and $8,399 for the years ended December 31, 2021 and 2020, respectively.