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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

The principal categories and estimated useful lives of property and equipment were:

 

 

    3/31/16     12/31/15    

Estimated

Useful Lives

 
Computer equipment   $ 332,764     $ 332,764       3  
Office and laboratory equipment     628,726       628,726       3-5  
Furniture and fixtures     228,099       228,099       7  
Manufacturing equipment     61,998       61,998       5  
Leasehold improvements     41,969       41,968       3-7  
  Total property and equipment     1,293,556       1,293,555          
Less accumulated depreciation and amortization     1,056,540       1,025,884          
 Property and equipment, net   $ 237,016     $ 267,671          

 

 

 

 

 

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