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Property and Equipment, net
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

Note 3 – Property and Equipment, net

 

Property and equipment are recorded at historical cost and consist of the following:

 

   December 31,   December 31, 
   2022   2021 
         
Lab equipment  $767,010   $740,963 
Leasehold improvements   312,758    74,390 
Office equipment   23,193    5,896 
Other   
-
    3,325 
    1,102,961    824,574 
Less: accumulated depreciation   (572,853)   (559,307)
   $530,108   $265,267 

 

Depreciation expense amounted to $87,937 and $86,444 for the years ended December 31, 2022, and 2021, respectively.