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Property and Equipment and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
Property and equipment consists of the following:
 
 
 
December 31,
 
December 31,
 
 
 
2013
 
2014
 
Laboratory equipment
 
$
4,468,055
 
$
4,543,019
 
Furniture and equipment
 
 
736,886
 
 
762,466
 
Leasehold improvements
 
 
487,843
 
 
496,523
 
 
 
 
5,692,784
 
 
5,802,008
 
Less: Accumulated depreciation
 
 
(3,758,202)
 
 
(4,395,603)
 
Total property and equipment, net
 
$
1,934,582
 
$
1,406,405
 
 
 
 
 
 
 
 
 
Purchased software
 
$
749,587
 
$
803,719
 
Internally developed software
 
 
213,361
 
 
213,361
 
Trademarks
 
 
33,000
 
 
33,000
 
 
 
 
995,948
 
 
1,050,080
 
Less: Accumulated amortization
 
 
(228,725)
 
 
(418,931)
 
Total intangible assets, net
 
$
767,223
 
$
631,149
 
Schedule of Capital Leased Assets
The Company leases certain equipment and related software that is recorded as capital leases. This equipment and software is included in property and equipment on the accompanying balance sheet as of December 31, 2013 and 2014 as follows:
 
 
 
2013
 
2014
 
Equipment and software financed under capital leases
 
$
584,150
 
$
655,467
 
Less: Accumulated amortization
 
 
(320,769)
 
 
(472,679)
 
Equipment and software financed under capital leases, net
 
$
263,381
 
$
182,788
 
Schedule of Future Minimum Lease Payments Under Capital Leases
Future minimum lease payments under capital leases as of December 31, 2014 are as follows:
 
Years ending December 31,
 
 
 
 
2015
 
$
129,154
 
2016
 
 
68,792
 
2017
 
 
16,364
 
2018
 
 
16,364
 
Thereafter
 
 
9,546
 
Total minimum lease payments
 
 
240,220
 
Less amount represented by interest
 
 
(35,797)
 
Less current portion
 
 
(100,951)
 
Capital lease obligation, net of current portion
 
$
103,472