Property and Equipment

3 Months Ended

Mar. 31, 2020

Property and Equipment

Property and Equipment

4. Property and Equipment

Property and equipment, net consists of the following:

	March 31,		December 31,
	2020		2019
Furniture and fixtures	$	345,712	$	345,712
Laboratory equipment		1,409,526		1,409,526
Office equipment		16,756		11,085
Computer equipment		304,475		302,009
Leasehold improvements		616,133		616,133
Property and equipment		2,692,602		2,684,465
Less accumulated depreciation		(1,929,737)		(1,861,545)
Property and equipment, net	$	762,865	$	822,920

Depreciation expense was $68,191 and  $70,441 for the three months ended March 31, 2020 and 2019, respectively.