Annual report pursuant to Section 13 and 15(d)

FIXED ASSETS (Tables)

v2.4.0.8
FIXED ASSETS (Tables)
12 Months Ended
Dec. 31, 2013
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
Fixed assets consisted of the following at December 31:
 
 
 
2013
 
2012
 
 
 
 
 
 
 
 
 
Office and laboratory equipment
 
$
3,296,810
 
$
3,151,120
 
Computer software
 
 
4,000
 
 
4,000
 
Leasehold improvements
 
 
2,324,672
 
 
2,337,935
 
Total fixed assets
 
 
5,625,482
 
 
5,493,055
 
Less accumulated depreciation and amortization
 
 
(3,264,948)
 
 
(2,848,052)
 
Fixed assets, net
 
$
2,360,534
 
$
2,645,003