Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.20.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

(4) Property and Equipment, net

 

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

 

    December 31,  
    2019     2018  
Laboratory and manufacturing equipment   $ 240,670     $ 240,670  
Office equipment     183,931       173,312  
Leasehold improvements     24,417       8,117  
PCT collaboration, demonstration and leased systems     53,098       529,956  
Total property and equipment     502,116       952,055  
Less accumulated depreciation     (446,526 )     (882,783 )
Net book value   $ 55,590     $ 69,272  

 

Depreciation expense for the years ended December 31, 2019 and 2018 was $37,057 and $7,733, respectively.