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Property, Equipment and Leasehold Improvements
3 Months Ended
Mar. 31, 2020
Property Plant And Equipment [Abstract]  
Property, Equipment and Leasehold Improvements

5. Property, Equipment and Leasehold Improvements

Property, equipment and leasehold improvements consist of the following at:

 

 

 

March 31,

2020

 

 

December 31,

2019

 

Laboratory equipment

 

$

8,840,539

 

 

$

8,045,179

 

Office equipment

 

 

915,129

 

 

 

865,888

 

Leasehold improvements

 

 

3,695,443

 

 

 

2,809,205

 

    Total

 

 

13,451,111

 

 

 

11,720,272

 

Less: accumulated depreciation and amortization

 

 

(3,875,343

)

 

 

(3,264,861

)

Property, equipment and leasehold improvements, net

 

$

9,575,768

 

 

$

8,455,411

 

 

Depreciation and amortization expense totaled $617,469 and $246,159 for the three months ended March 31, 2020 and 2019, respectively.