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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5. PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following assets which are located in Calgary, Canada, with all amounts converted into U.S. dollars:

 

   March 31, 2024   December 31, 2023 
Lab equipment  $816,698   $836,709 
Computer equipment and leasehold improvements   27,700    28,379 
Less: Accumulated depreciation   (392,170)   (357,711)
Property and equipment, net of accumulated depreciation  $452,228   $507,377 

 

Depreciation expense was $43,221 and $44,298 for the three months ended March 31, 2024 and 2023, respectively.