Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

v3.23.2
PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 4. PROPERTY AND EQUIPMENT, NET

 

Property and equipment are summarized below:

  

    June 30, 2023     December 31, 2022  
           
Lab equipment   $ 488,718     $ 462,155  
Computers and software     31,076       21,463  
Property and equipment, gross     519,794       483,618  
Accumulated depreciation     (312,417 )     (269,180 )
Total property and equipment, net   $ 207,377     $ 214,438  

 

Depreciation expense was approximately $41,000 and $2,000 for the six months ended and $21,000 and $1,000 for the three months ended June 30, 2023 and 2022, respectively