Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.6.0.2
Property and Equipment, net
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

(4) Property and Equipment, net

 

Property and equipment as of December 31, 2016 and 2015 consisted of the following components:

 

    December 31,  
    2016     2015  
Laboratory and manufacturing equipment   $ 226,326     $ 226,081  
Office equipment     165,832       158,872  
Leasehold improvements     8,117       8,117  
PCT collaboration, demonstration and leased systems     461,858       461,858  
Total property and equipment     862,133       854,928  
Less accumulated depreciation     (852,720 )     (834,779 )
Net book value   $ 9,413     $ 20,149  

 

Depreciation expense for the years ended December 31, 2016 and 2015 was $17,939 and $25,288, respectively.