Property and Equipment

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consist of the following:

	As of June 30, 2017			As of December 31, 2016
Furniture and office equipment	$	1,077,785		$	1,144,741
Leasehold improvements	1,994,514			1,994,514
Laboratory equipment	2,515,530			2,449,645
	5,587,829			5,588,900
Less—accumulated depreciation and amortization	(2,266,297		)	(1,761,985		)
Property and equipment, net	$	3,321,532		$	3,826,915