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

FIXED ASSETS (Tables)

v2.4.0.6
FIXED ASSETS (Tables)
9 Months Ended
Sep. 30, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]

Fixed assets consisted of the following at December 31:

 

    2011     2010  
             
Office and laboratory equipment   $ 3,069,889     $ 2,984,375  
Computer software     4,000        
Leasehold improvements     2,324,672       2,317,597  
Total fixed assets     5,398,561       5,301,972  
Less accumulated depreciation and amortization     (2,353,996 )     (1,791,483 )
Fixed assets, net   $ 3,044,565     $ 3,510,489