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Property and Equipment
12 Months Ended
Dec. 31, 2019
Property and Equipment  
Property and Equipment

(5) Property and Equipment

 

Property and equipment consisted of the following as of December 31, 2019 and 2018:

 

 

 

 

 

 

 

 

 

 

 

 

    

Estimated

    

 

 

    

 

 

 

 

 

useful life

 

December 31,

 

December 31,

 

 

 

(in years)

 

2019

 

2018

 

Equipment

 

2-5

 

$

263,829

 

$

178,001

 

Computer equipment

 

3-5

 

 

30,319

 

 

30,319

 

Furniture and fixtures

 

3-5

 

 

311,355

 

 

300,407

 

Leasehold improvements

 

various

 

 

68,881

 

 

68,881

 

Construction in process

 

 

 

 

78,773

 

 

57,015

 

Total cost

 

 

 

 

753,157

 

 

634,623

 

Less accumulated depreciation

 

 

 

 

(390,433)

 

 

(262,660)

 

Property and equipment, net

 

 

 

$

362,724

 

$

371,963

 

 

Depreciation expense was $133,879,  $99,572 and $94,211 for the years ended December 31, 2019,  2018 and 2017 respectively.