Leasehold Improvements and Equipment

12 Months Ended

Jan. 03, 2015

Leasehold Improvements And Equipment

Leasehold Improvements and Equipment

Leasehold improvements and equipment consisted of the following:

	2014		2013
Laboratory equipment	$	3,151,748	$	2,782,364
Leasehold improvements		495,240		491,125
Computer equipment		329,737		372,851
Furniture and fixtures		13,039		18,313
Office equipment		7,877		7,877
Construction in progress		68,141		40,126
		4,065,782		3,712,656
Less accumulated depreciation		2,801,122		2,649,417
	$	1,264,660	$	1,063,239

Depreciation expense on leasehold improvements and equipment included in the consolidated statement of operations for the year ended January 3, 2015 and December 28, 2013 was approximately $223,000 and $246,000, respectively. 

The Company leases equipment under capitalized lease obligations with a total cost of $1,073,601 and $695,461 and accumulated amortization of $242,887 and $136,358 as of January 3, 2015 and December 28, 2013, respectively.

During the year ended January 3, 2015, the Company disposed of approximately $56,000 of fully depreciated equipment.