Property and Equipment and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

Property and equipment and intangible assets consist of the following:

	December 31, 2012		September 30, 2013
			(Unaudited)
Laboratory equipment	$	3,315,812	$	4,434,373
Furniture and equipment		660,626		726,558
Leasehold improvements		305,059		345,277
		4,281,497		5,506,207
Less: Accumulated depreciation		(3,258,299)		(3,613,972)
Total property and equipment, net	$	1,023,198	$	1,892,235
Purchased software	$	562,699	$	707,698
Internally developed software and other intangible assets		108,362		246,360
		671,061		954,058
Less: Accumulated amortization		(95,652)		(189,161)
Total intangible assets, net	$	575,409	$	764,897

Schedule of Capital Leased Assets

The Company leases certain equipment that is recorded as capital leases. This equipment is included in property and equipment on the accompanying balance sheet as of September 30, 2013, as follows:

	(Unaudited)
Equipment purchased under capital leases	$	690,384
Less: Accumulated amortization		(346,548)
Equipment purchased under capital leases, net	$	343,836

Schedule of Future Minimum Lease Payments Under Capital Leases

Future minimum lease payments under capital leases as of September 30, 2013, are as follows:

Years ending December 31,	(Unaudited)
2013	$	66,155
2014		188,428
2015		101,309
2016		46,852
Total minimum lease payments		402,744
Less amount representing interest		(54,425)
Less current portion		(192,441)
Capital lease obligation, net of current portion	$	155,878