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

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2017

NOTE 2 – PROPERTY AND EQUIPMENT

Property and equipment consists of the following:

	December 31,
	2017		2016
Equipment laboratory	$	627,000	$	473,000
Furniture and office equipment		449,000		309,000
Leasehold improvement		229,000		118,000
Construction WIP		455,000		-

		1,760,000		900,000
Less accumulated depreciation and amortization		386,000		179,000
Property and equipment, net	$	1,374,000	$	721,000

Depreciation and amortization on property and equipment was $207,000 and $148,000 for the years ended December 31, 2017 and 2016, respectively.