Post-effective amendment to a registration statement that is not immediately effective upon filing

Property and Equipment, net

v3.3.1.900
Property and Equipment, net
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
5. Property and Equipment, net

Property and equipment are summarized as follows:

 

     Years Ended December 31,  
     2015      2014  

Laboratory equipment

   $ 3,701,517       $ 3,840,368   

Office and computer equipment

     443,562         343,835   

Leasehold improvements

     304,363         50,791   
  

 

 

    

 

 

 

Property and equipment at cost

     4,449,442         4,234,994   

Accumulated depreciation

     (2,286,671      (2,182,773
  

 

 

    

 

 

 

Property and equipment, net

   $ 2,162,771       $ 2,052,221   
  

 

 

    

 

 

 

 

Depreciation expense was $0.3 million and $0.4 million for the years ended December 31, 2015 and 2014, respectively. There were no other changes in accumulated depreciation other than foreign currency impact.