Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.3.1.900
Property and Equipment, net
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

(4) Property and Equipment, net

 

Property and equipment as of December 31, 2015 and 2014 consisted of the following components:

 

    December 31,  
    2015     2014  
Laboratory and manufacturing equipment   $ 226,081     $ 226,081  
Office equipment     158,872       149,459  
Leasehold improvements     8,117       8,117  
PCT collaboration, demonstration and leased systems     461,858       461,858  
Total property and equipment     854,928       845,515  
Less accumulated depreciation     (834,779 )     (809,490 )
Net book value   $ 20,149     $ 36,025  

 

Depreciation expense for the years ended December 31, 2015 and 2014 was $25,288 and $29,213, respectively.