Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT (Tables)

v3.7.0.1
PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2016
PROPERTY AND EQUIPMENT [Abstract]  
Property and equipment
Property and equipment consists of the following:
 
December 31,
 
   
2016
   
2015
 
Equipment laboratory
 
$
473,000
   
$
139,000
 
Furniture and office equipment
   
309,000
     
209,000
 
Leasehold improvement
   
118,000
     
33,000
 
                 
     
900,000
     
381,000
 
Less accumulated depreciation and amortization
   
179,000
     
31,000
 
Property and equipment, net
 
$
721,000
   
$
350,000