Property and Equipment (FY)

9 Months Ended

12 Months Ended

Sep. 30, 2018

Dec. 31, 2017

Property and Equipment [Abstract]

Property and Equipment

Note 4 – Property and Equipment

In March 2018, following the recommendation of the Data Monitoring Committee, the Company made the decision to close down the EG-1962 NEWTON 2 study. The Company believes that it would be highly unlikely that the Company would be able to use the manufacturing equipment associated with EG-1962 for future use.   As a result, the Company has taken an equipment impairment charge of $2,672,581. The write-down would bring down the value of the equipment to the Company’s best estimate of its future value based on a range of estimates from a third-party seller. The equipment is being classified as Other Current Assets on the condensed balance sheet.

Note 4 – Property and Equipment

Property and equipment is summarized as follows:

	December 31,
	2017			2016
Furniture and equipment	$	564,596		$	456,515
Leasehold Improvements		438,996			358,356
Construction in Process		2,725,569			2,725,569
		3,729,161			3,540,440
Less accumulated depreciation		(305,281	)		(122,363	)
Property and equipment, net	$	3,423,880		$	3,418,077