PROPERTY AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

Property and equipment including right-of-use operating lease assets consisted of the following:

	March 31,			December 31,
	2019			2018
Right-of-Use operating leases	$	87,588		$	-
Laboratory equipment		20,345			13,980
Tooling		35,076			22,683
Computer equipment		16,413			12,608
Furniture and fixtures		16,250			9,595
		175,672			58,866
Accumulated depreciation and amortization		(29,355	)		(28,493	)
	$	146,317		$	30,373

The Company recorded an ROU asset and lease liability of approximately $12,900 for one operating lease as of January 1, 2019, with no impact to retained earnings. In January 2019 the Company recorded an additional $17,101 ROU asset from an extension of the operating lease and in March 2019 recorded $57,587 for a new operating lease. See Note 7.

Depreciation expense was $8,073 and $4,511 for the three months ended March 31, 2019 and 2018, respectively. Amortization of ROU operating lease assets was $5,852 for the three months ended March 31, 2019.