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Property and Equipment
6 Months Ended
Jun. 30, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 6. Property and Equipment

Property and equipment, net, consists of the following as of the dates indicated:

 

 

 

June 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Furniture & fixtures

 

$

1,089,379

 

 

$

1,089,371

 

Leasehold improvements

 

 

1,956,266

 

 

 

1,987,997

 

Equipment used in manufacturing

 

 

2,305,400

 

 

 

2,305,340

 

Equipment used in research & development

 

 

2,423,857

 

 

 

2,134,019

 

Equipment used in the field

 

 

182,762

 

 

 

182,762

 

Software

 

 

393,251

 

 

 

374,812

 

Property and equipment

 

 

8,350,915

 

 

 

8,074,301

 

Less: accumulated depreciation and amortization

 

 

(6,525,724

)

 

 

(5,834,168

)

 

 

$

1,825,191

 

 

$

2,240,133

 

 

Depreciation and leasehold improvement amortization expense was approximately $0.4 million and $0.7 million for the three and six months ended June 30, 2020, respectively, and $0.3 million and $0.6 million for the three and six months ended June 30, 2019, respectively.

 

In the first quarter of 2020 the Company closed its applications laboratory in Sausheim, France and, as a result, $0 and $28,130 of leasehold improvements related to the abandonment of the laboratory were written off to selling, general and administrative expense during the three and six months ended June 30, 2020, respectively.