Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.19.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

(4) Property and Equipment, net

 

Property and equipment as of December 31, 2018 and 2017 consisted of the following components:

 

    December 31,  
    2018     2017  
Laboratory and manufacturing equipment   $ 240,670     $ 240,670  
Office equipment     173,312       173,312  
Leasehold improvements     8,117       8,117  
PCT collaboration, demonstration and leased systems     529,956       461,858  
Total property and equipment     952,055       883,957  
Less accumulated depreciation     (882,783 )     (861,295 )
Net book value   $ 69,272     $ 22,662  

 

Depreciation expense for the years ended December 31, 2018 and 2017 was $7,733 and $8,576, respectively.