Pressure BioSciences, Inc. Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

12 Months Ended

Dec. 31, 2023

(4) Property and Equipment, net

Property and equipment as of December 31, 2023 and 2022 consisted of the following components:

Schedule of Property and Equipment

	2023			2022
	December 31,
	2023			2022
Laboratory and manufacturing equipment	$	381,627		$	374,132
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		654,972			647,477
Less accumulated depreciation		(570,042	)		(544,126	)
Net book value	$	84,930		$	103,351

Depreciation expense for the years ended December 31, 2023 and 2022 was $25,916 and $33,250, respectively.