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Property and Equipment, Net
12 Months Ended
Dec. 31, 2018
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

5.

Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

As of December 31,

 

 

 

2018

 

 

2017

 

Furniture, fixtures and equipment

 

$

121,491

 

 

$

61,121

 

Laboratory equipment

 

 

926,590

 

 

 

1,001,810

 

Computers and telecommunications

 

 

149,290

 

 

 

81,342

 

Software

 

 

25,069

 

 

 

16,244

 

Leasehold improvements

 

 

1,228,108

 

 

 

44,352

 

Construction in progress

 

 

 

 

 

350,075

 

Property and equipment, at cost

 

 

2,450,547

 

 

 

1,554,944

 

Less accumulated depreciation and amortization

 

 

(1,107,746

)

 

 

(951,798

)

Property and equipment, net

 

$

1,342,802

 

 

$

603,146

 

 

Depreciation expense for the years ended December 31, 2018 and 2017 was $218,717 and $83,834, respectively.