Quarterly report pursuant to Section 13 or 15(d)

Equipment

v3.20.1
Equipment
3 Months Ended
Dec. 31, 2019
Equipment  
Equipment

6. Equipment

The Company’s equipment consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

September 30,

 

Estimated Useful

 

    

2019

    

2019

    

Life (In Years)

Laboratory equipment

 

$

517,817

 

$

452,817

 

 5

Office equipment

 

 

2,383

 

 

2,383

 

 3

 

 

 

520,200

 

 

455,200

 

  

Accumulated depreciation

 

 

(48,781)

 

 

(24,205)

 

  

 

 

$

471,419

 

$

430,995

 

  

 

Depreciation expense for the three months ended December 31, 2019 was approximately $0.03 million Depreciation expense for the three months ended December 31, 2018 was $0.