Quarterly report pursuant to Section 13 or 15(d)

Equipment

v3.21.2
Equipment
9 Months Ended
Jun. 30, 2021
Equipment  
Equipment

6.  Equipment

The Company’s equipment consisted of the following:

As of June 30, 

As of September 30, 

    

2021

    

2020

Laboratory equipment

$

2,415,381

$

1,319,123

Office equipment

 

252,921

 

6,477

Total

 

2,668,302

 

1,325,600

Accumulated depreciation

 

(409,692)

 

(158,666)

Property, plant and equipment, net

$

2,258,610

$

1,166,934

Depreciation expense for the three months ended June 30, 2021 and 2020 was approximately $0.1 million and $0.03 million, respectively. Depreciation expense for the nine months ended June 30, 2021 and 2020 was approximately $0.3 million and $0.1 million, respectively.