Property and Equipment

12 Months Ended

Dec. 31, 2015

Property and Equipment [Abstract]

Property and Equipment

6. Property and Equipment

Property and equipment consist of the following:

	December 31,
	2015		2014
Laboratory equipment	$	1,494,000	$	1,454,000
Office and computer equipment		53,000		59,000
Leasehold improvements		188,000		185,000
Total gross fixed assets		1,735,000		1,698,000
Less: accumulated depreciation and amortization		(604,000)		(478,000)
Property and equipment, net	$	1,131,000	$	1,220,000

Depreciation expense totaled $299,000 and $127,000 for the years ended December 31, 2015 and 2014, respectively.