Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

v3.23.1
PROPERTY AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 4. PROPERTY AND EQUIPMENT, NET

 

Property and equipment are summarized below:

 

    March 31, 2023     December 31, 2022  
             
Lab equipment   $ 488,718     $ 462,155  
Computers and software     27,214       21,463  
Property and equipment, gross     515,932       483,618  
Accumulated depreciation     (290,865 )     (269,180 )
Total property and equipment, net   $ 225,067     $ 214,438  

 

Depreciation expense was approximately $22,000 and $1,000 for the three months ended March 31, 2023 and 2022, respectively.