Property and Equipment, Net

12 Months Ended

Dec. 31, 2019

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,
	2019			2018
Furniture, fixtures and equipment	$	121,491		$	121,491
Laboratory equipment		926,590			926,590
Computers and telecommunications		150,517			149,290
Software		25,069			25,069
Leasehold improvements		1,228,108			1,228,108
Property and equipment, at cost		2,451,775			2,450,548
Less accumulated depreciation and amortization		(1,347,567	)		(1,107,746	)
Property and equipment, net	$	1,104,208		$	1,342,802

Depreciation expense related to property and equipment for the years ended December 31, 2019 and 2018 was $239,821 and $218,717, respectively.