Annual report pursuant to Section 13 and 15(d)

FIXED ASSETS

v3.24.1
FIXED ASSETS
12 Months Ended
Dec. 31, 2023
FIXED ASSETS  
FIXED ASSETS

4. FIXED ASSETS

Fixed assets consisted of the following as of December 31:

    

2023

    

2022

Office and laboratory equipment

$

1,661,316

$

797,278

Computer software

 

4,000

4,000

Leasehold improvements

 

309,897

309,897

Total fixed assets

 

1,975,213

1,111,175

Less– accumulated depreciation and amortization

 

(884,909)

(692,534)

Fixed assets, net

$

1,090,304

$

418,641

For the years ended December 31, 2023 and 2022, the Company recorded approximately $192,000 and $148,000 of fixed asset depreciation and amortization expense, respectively.