Annual report pursuant to Section 13 and 15(d)

FIXED ASSETS

v3.22.4
FIXED ASSETS
12 Months Ended
Dec. 31, 2022
FIXED ASSETS  
FIXED ASSETS

4. FIXED ASSETS

Fixed assets consisted of the following as of December 31:

    

2022

    

2021

Office and laboratory equipment

$

797,278

$

575,370

Computer software

 

4,000

 

4,000

Leasehold improvements

 

309,897

 

309,897

Total fixed assets

 

1,111,175

 

889,267

Less– accumulated depreciation and amortization

 

(692,534)

 

(544,776)

Fixed assets, net

$

418,641

$

344,491

For the years ended December 31, 2022 and 2021, the Company recorded approximately $148,000 and $150,000 of depreciation and amortization expense, respectively.