Annual report pursuant to Section 13 and 15(d)

FIXED ASSETS (Tables)

v3.3.1.900
FIXED ASSETS (Tables)
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
Fixed assets consisted of the following at December 31:
 
 
 
2015
 
2014
 
 
 
 
 
 
 
 
 
Office and laboratory equipment
 
$
3,345,353
 
$
3,317,386
 
Computer software
 
 
4,000
 
 
4,000
 
Leasehold improvements
 
 
2,324,672
 
 
2,324,672
 
Total fixed assets
 
 
5,674,025
 
 
5,646,058
 
Less– accumulated depreciation and amortization
 
 
(3,945,554)
 
 
(3,612,114)
 
Fixed assets, net
 
$
1,728,471
 
$
2,033,944