Quarterly report pursuant to Section 13 or 15(d)

Equipment and Improvements

v3.23.3
Equipment and Improvements
9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Equipment and Improvements
6.
Equipment and Improvements

Equipment and Improvements, net

 

 

 

September 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Furniture and office equipment

 

$

86,930

 

 

$

72,692

 

Lab equipment

 

 

 

 

 

153,668

 

IT equipment

 

 

16,895

 

 

 

16,895

 

 

 

 

103,825

 

 

 

243,255

 

    Less: accumulated depreciation

 

 

23,885

 

 

 

6,723

 

Total

 

$

79,940

 

 

$

236,532

 

Depreciation expense for three and nine months ended September 30, 2023 was $6,568 and $170,830, respectively, and $1,681 for the three and nine months ended September 30, 2022.