Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.23.1
Property and Equipment, net
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

(4) Property and Equipment, net

 

Property and equipment as of December 31, 2022 and 2021 consisted of the following components:

    2022     2021  
    December 31,  
    2022     2021  
Laboratory and manufacturing equipment   $ 374,132     $ 353,379  
Office equipment     194,999       194,999  
Leasehold improvements     25,248       25,248  
PCT collaboration, demonstration and leased systems     53,098       53,098  
Total property and equipment     647,477       626,724  
Less accumulated depreciation     (544,126 )     (510,878 )
Net book value   $ 103,351     $ 115,846  

 

Depreciation expense for the years ended December 31, 2022 and 2021 was $33,250 and $23,589, respectively.