Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.22.4
PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2022
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

5.PROPERTY AND EQUIPMENT

Property and equipment, net, consist of the following:

December 31, 

2022

    

2021

Laboratory equipment

$

61,933

$

66,403

Computer equipment

 

18,388

 

17,657

Total property and equipment

 

80,321

 

84,060

Less: accumulated depreciation

 

(80,000)

 

(79,389)

Property and equipment, net

$

321

$

4,671

Depreciation expense was $6,144 and $40,576 for the years ended December 31, 2022 and 2021, respectively. The Company recognized a gain on the sale of property and equipment of $59,157 for the year ended December 31, 2021.  There were no disposals of property and equipment during the year ended December 31, 2022