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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
Property and equipment consist of the following:
 
 
 
December 31,
 
 
 
2014
 
2013
 
Laboratory equipment
 
$
1,454,000
 
$
431,000
 
Office and computer equipment
 
 
59,000
 
 
65,000
 
Leasehold improvements
 
 
185,000
 
 
 
Total gross fixed assets
 
 
1,698,000
 
 
496,000
 
Less: accumulated depreciation and amortization
 
 
(478,000)
 
 
(351,000)
 
Property and equipment, net
 
$
1,220,000
 
$
145,000
 
Property, Plant and Equipment, Schedule of Significant Acquisitions and Disposals [Table Text Block]
Depreciation expense totaled $127,000 and $82,000 for the years ended December 31, 2014 and 2013, respectively.
 
 
 
Gross
 
Accumulated
 
Property and
 
 
 
Fixed Assets
 
Depreciation
 
Equipment, net
 
December 31, 2013
 
$
496,000
 
$
(351,000)
 
$
145,000
 
2014 Additions
 
 
1,202,000
 
 
 
 
1,202,000
 
Depreciation expense
 
 
 
 
(127,000)
 
 
(127,000)
 
December 31, 2014
 
$
1,698,000
 
$
(478,000)
 
$
1,220,000