Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.8.0.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

(4) Property and Equipment, net

 

Property and equipment as of December 31, 2017 and 2016 consisted of the following components:

 

    December 31,  
    2017     2016  
Laboratory and manufacturing equipment   $ 240,670     $ 226,326  
Office equipment     173,312       165,832  
Leasehold improvements     8,117       8,117  
PCT collaboration, demonstration and leased systems     461,858       461,858  
Total property and equipment     883,957       862,133  
Less accumulated depreciation     (861,295 )     (852,720 )
Net book value   $ 22,662     $ 9,413  

 

Depreciation expense for the years ended December 31, 2017 and 2016 was $8,576 and $17,939, respectively.