Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

v3.22.2.2
PROPERTY AND EQUIPMENT, NET
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 4. PROPERTY AND EQUIPMENT, NET

 

Property and equipment are summarized below:

 

    September 30, 2022     December 31, 2021  
             
Lab equipment   $ 242,168     $ 242,168  
Computers and software     21,463       21,463  
Property and equipment, gross     263,631       263,631  
Accumulated depreciation     (261,850 )     (258,998 )
Total property and equipment, net   $ 1,781     $ 4,633  

 

Depreciation and amortization expense was approximately $800 and $1,200 for the three months ended September 30, 2022, and 2021, respectively. Depreciation and amortization expense was approximately $2,900 and $4,000 for the nine months ended September 30, 2022, and 2021, respectively.