Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.6.0.2
PROPERTY AND EQUIPMENT
12 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
NOTE 4 – PROPERTY AND EQUIPMENT
Property and equipment at September 30, 2016 and 2015 consist of:

 

    2016     2015  
             
Equipment   $ 93,789     $ 91,715  
Lab equipment     251,908       239,472  
Leasehold improvements     2,181       2,181  
Office furniture and fixtures     2,523       2,523  
      350,401       335,891  
Accumulated depreciation     (151,770 )     (87,138 )
    $ 198,631     $ 248,753  

 

Depreciation expense for the years ended September 30, 2016, 2015, and 2014 was $64,632, $40,623, and $17,850, respectively.