Property and Equipment

9 Months Ended

Sep. 30, 2022

Property and Equipment

Property and Equipment

(5) Property and Equipment

Property and equipment consisted of the following as of September 30, 2022 and December 31, 2021:

	Estimated
	useful life	September 30,		December 31,
	(in years)	2022		2021
Equipment	2-5	$	740,543	$	740,543
Computer equipment	3-5		30,319		30,319
Furniture and fixtures	3-5		311,356		311,356
Leasehold improvements	various		68,881		68,881
Construction in process			279,292		79,342
Total cost			1,430,391		1,230,441
Less accumulated depreciation			(1,010,528)		(844,608)
Property and equipment, net		$	419,863	$	385,833

Depreciation expense was $165,920 and $185,245 for the nine months ended September 30, 2022 and 2021 respectively.