Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.6.0.2
Property and Equipment
12 Months Ended
Dec. 31, 2016
Property and Equipment [Abstract]  
Property and Equipment

Note 4 – Property and Equipment

 

Property and equipment consisted of the following at December 31, 2016 and 2015:

 

          December 31,     December 31,  
    Lives     2016     2015  
                   
Lab equipment     3 years     $ 116,070     $ 116,070  
Office equipment     3 years       142,933       82,974  
Less: accumulated depreciation             (170,454 )     (92,932 )
Property and equipment, net           $ 88,549     $ 106,112  

 

Depreciation expense for the years ended December 31, 2016, 2015 and 2014 was $77,523, $53,465 and $37,908, respectively.