Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.22.1
Property and Equipment, net
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

(4) Property and Equipment, net

 

Property and equipment as of December 31, 2021 and 2020 consisted of the following components:

 

 Schedule of Property and Equipment

    2021     2020  
    December 31,  
    2021     2020  
Laboratory and manufacturing equipment   $ 353,379     $ 240,670  
Office equipment     194,999       184,763  
Leasehold improvements     25,248       25,248  
PCT collaboration, demonstration and leased systems     53,098       53,098  
Total property and equipment     626,724       503,779  
Less accumulated depreciation     (510,878 )     (487,289 )
Net book value   $ 115,846     $ 16,490  

 

Depreciation expense for the years ended December 31, 2021 and 2020 was $23,589 and $40,763, respectively.