General form of registration statement for all companies including face-amount certificate companies

Property and Equipment, net (Tables)

v2.4.1.9
Property and Equipment, net (Tables)
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property Plant and Equipment and Accumulated Depreciation

Property and equipment are summarized as follows:

 

     December 31,  
     2014      2013  

Leasehold improvements

   $ 50,791       $ 57,779   

Laboratory equipment

     3,840,368         4,093,704   

Office and computer equipment

     343,835         389,368   
  

 

 

    

 

 

 

Property and equipment at cost

  4,234,994      4,540,852   
  

 

 

    

 

 

 

Accumulated depreciation

  (2,182,773   (2,103,175
  

 

 

    

 

 

 

Property and equipment, net

$ 2,052,221    $ 2,437,677   
  

 

 

    

 

 

 

Accumulated depreciation for each asset group is summarized as follows:

 

     Years ended December 31,  
     2014      2013  

Leasehold improvements

   $ 41,606       $ 37,904   

Laboratory equipment

     1,886,807         1,845,098   

Office and computer equipment

     254,360         220,172   
  

 

 

    

 

 

 

Total accumulated depreciation

$ 2,182,773    $ 2,103,175