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Property and Equipment
12 Months Ended
Dec. 31, 2024
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

At December 31, 2024 and 2023, property and equipment consisted of the following:

 

   Useful Life  December 31, 2024   December 31, 2023 
Laboratory equipment  5 Years  $
-
   $100,548 
Office equipment and furniture  3 - 10 Years   54,499    54,797 
       54,499    155,345 
Less: accumulated depreciation      (41,587)   (117,262)
      $12,912   $38,083 

 

For the years ended December 31, 2024 and 2023, depreciation expense of property and equipment amounted to $9,234 and $43,037, respectively, of which, $8,623 and $7,221 was included in real property operating expenses, $611 and $417 was included in other operating expenses, and $0 and $35,399 was included in research and development expense, respectively.