Property and Equipment

3 Months Ended

Mar. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consist of the following:

	As of March 31, 2017			As of December 31, 2016
Furniture and office equipment	$	1,144,741		$	1,144,741
Leasehold improvements	1,994,514			1,994,514
Laboratory equipment	2,461,097			2,449,645
	5,600,352			5,588,900
Less—accumulated depreciation and amortization	(2,033,288		)	(1,761,985		)
Property and equipment, net	$	3,567,064		$	3,826,915