Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Schedule of property, plant and equipment

	Estimated Useful Lives (in years)	As of June 30, 2017			As of December 31, 2016			(Decrease) Increase
Laboratory and manufacturing equipment	5-10	$	5,314,436		$	5,562,938		$	(248,502	)
Building and improvements	10-33		5,373,019			5,037,512			335,507
Office furniture and equipment	5-10		656,575			653,462			3,113
Construction in progress(1)			13,319,215			3,694,509			9,624,706
Land			526,999			347,114			179,885
Property, plant and equipment, gross			25,190,244			15,295,535			9,894,709
Accumulated depreciation			(5,479,747	)		(5,449,242	)		(30,505	)
Property, plant and equipment, net		$	19,710,497		$	9,846,293		$	9,864,204

⁽¹⁾ Construction in progress consisted principally of costs incurred in connection with the building and equipping of our Nisin production plant.