Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.6.0.2
Property and Equipment
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

3. Property and Equipment

Property and equipment at December 31, 2016 and 2015 consists of the following:
 
 
 
Estimated
Useful Life
(Years)
 
2016
 
2015
Laboratory Equipment
 
 
7
 
 
$
42,576
 
 
$
14,661
 
Computer Equipment
 
 
3
 
 
 
0
 
 
 
182,914
 
Computer Software
 
 
3
 
 
 
0
 
 
 
46,038
 
Furniture, Fixtures and Office Equipment
 
 
5
 
 
 
0
 
 
 
24,480
 
  
 
 
  
 
 
 
42,576
 
 
 
268,093
 
Less Accumulated Depreciation
 
 
 
 
 
4,536
 
 
 
268,093
 
  
 
 
 
 
$
38,040
 
 
$
—
 
Depreciation expense was $5,185 and $1,257 for the years ended December 31, 2016 and 2015, respectively.