Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.3.1.900
Property and Equipment
12 Months Ended
Dec. 31, 2015
Property and Equipment  
Property and Equipment

 

4. Property and Equipment

        Property and equipment consisted of the following:

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2015

 

2014

 

Laboratory equipment

 

$

1,796,355

 

$

1,616,420

 

Computers and software

 

 

503,462

 

 

554,658

 

Office equipment and furniture

 

 

281,350

 

 

270,845

 

Leasehold improvements

 

 

2,061,498

 

 

1,986,156

 

Leased assets

 

 

14,259

 

 

14,259

 

​  

​  

​  

​  

Total property and equipment

 

 

4,656,924

 

 

4,442,338

 

Less accumulated depreciation and amortization

 

 

(3,960,644

)

 

(3,889,044

)

​  

​  

​  

​  

Property and equipment, net

 

$

696,280

 

$

553,294

 

​  

​  

​  

​  

​  

​  

​  

​  

        Depreciation and amortization expense was $207,897and $239,390 for the years ended December 31, 2015 and 2014, respectively.