Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT (Tables)

v3.3.1.900
PROPERTY AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2015
PROPERTY AND EQUIPMENT [Abstract]  
Property and equipment
Property and equipment consists of the following:   December 31,  
    2015     2014  
Equipment laboratory   $ 139,000     $ -  
Furniture and office equipment     209,000       14,000  
Leasehold improvement     33,000       -  
                 
      381,000       14,000  
Less accumulated depreciation and amortization     31,000       10,000  
Property and equipment, net   $ 350,000     $ 4,000