Abeona Therapeutics Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

NOTE 3 - PROPERTY AND EQUIPMENT

Property and equipment consists of the following:	December 31,
	2014		2013
Furniture and equipment	$	14,000	$	14,000
		14,000		14,000
Less accumulated depreciation and amortization		10,000		8,000
Property and equipment, net	$	4,000	$	6,000

Depreciation and amortization on property and equipment was $2,000 and $3,000 for the years ended December 31, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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