General form of registration statement for all companies including face-amount certificate companies

FIXED ASSETS

v2.3.0.15
FIXED ASSETS
 9 Months Ended 12 Months Ended
Sep. 30, 2011
Dec. 31, 2010
FIXED ASSETS
5.
FIXED ASSETS

Fixed assets consisted of the following at December 31:
 
      2010       2009  
                 
Office and laboratory equipment
  
$
2,984,375
    
$
2,982,723
  
Leasehold improvements
    
2,317,597
      
2,317,597
  
Total fixed assets
    
5,301,972
      
5,300,320
  
Less accumulated depreciation and amortization
    
(1,791,483
)
    
(1,211,369
)
Fixed assets, net
  
$
3,510,489
    
$
4,088,951
  

During the nine months ended September 30, 2011, the change to net fixed assets consisted of an increase of approximately $440,000 related to accumulated depreciation and amortization, purchases of equipment totaling approximately $112,000, equipment disposals of approximately $6,000, and approximately $7,000 related to the fair value of fixed assets acquired as a result of the Acquisition (see Note 4).
3.  FIXED ASSETS

Fixed assets consisted of the following at December 31:
 
   
2010
    
2009
  
             
Office and computer equipment
  
$
61,907
    
$
73,261
  
Computer software
    
43,896
      
43,896
  
Leasehold improvements
    
4,095
      
4,095
  
Total fixed assets
    
109,898
      
121,252
  
Less accumulated depreciation and amortization
    
(101,143
)
    
(77,155
)
Fixed assets, net
  
$
8,755
    
$
44,097