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Property and Equipment, Net
12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

4. Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Furniture, fixtures and equipment

 

$

125,538

 

 

$

121,491

 

Laboratory equipment

 

 

959,585

 

 

 

926,590

 

Computers and telecommunications

 

 

220,316

 

 

 

150,517

 

Software

 

 

64,409

 

 

 

25,069

 

Leasehold improvements

 

 

1,285,883

 

 

 

1,228,108

 

Property and equipment, at cost

 

 

2,655,731

 

 

 

2,451,775

 

Less accumulated depreciation and amortization

 

 

(1,598,811

)

 

 

(1,347,567

)

Property and equipment, net

 

$

1,056,920

 

 

$

1,104,208

 

 

Depreciation expense related to property and equipment for the years ended December 31, 2020 and 2019 was $251,244 and $239,821, respectively.