Quarterly report pursuant to Section 13 or 15(d)

Equipment

v3.20.4
Equipment
 3 Months Ended
Dec. 31, 2020
Equipment  
Equipment

5.  Equipment

The Company’s equipment consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 

 

As of September 30, 

 

Estimated useful

 

    

2020

    

2020

    

life (in years)

Laboratory equipment

 

$

1,498,094

 

$

1,319,123

 

 5

Office equipment

 

 

21,077

 

 

6,477

 

 3

    Total

 

 

1,519,171

 

 

1,325,600

 

  

Accumulated depreciation

 

 

(226,783)

 

 

(158,666)

 

  

    Property, plant and equipment, net

 

$

1,292,388

 

$

1,166,934

 

  

 

Depreciation expense for the three months ended December 31, 2020 and 2019 was approximately $0.07 million and $0.03 million, respectively.