Quarterly report pursuant to Section 13 or 15(d)

Equipment and Improvements

v3.23.1
Equipment and Improvements
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Equipment and Improvements
6.
Equipment and Improvements

 

Equipment and Improvements, net

 

 

 

March 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Furniture and office equipment

 

$

72,692

 

 

$

72,692

 

Lab equipment

 

 

153,668

 

 

 

153,668

 

IT equipment

 

 

16,895

 

 

 

16,895

 

 

 

 

243,255

 

 

 

243,255

 

    Less: Accumulated Depreciation

 

 

11,766

 

 

 

6,723

 

Total

 

$

231,489

 

 

$

236,532

 

 

Depreciation expense for the period ended March 31, 2023 was $5,043 and for year ended December 31, 2022 was $6,723.