v3.25.2
Note 6 - Property and Equipment, Net
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

NOTE 6 PROPERTY AND EQUIPMENT, NET

 

The Company’s property and equipment, net consisted of the following:

 

   

As of

December 31,

2024

   

As of

December 31,

2023

 

Computers, software, and office equipment

  $ 170,350     $ 252,961  

Leasehold improvements

    306,961       306,961  

Laboratory equipment

    1,692,230       1,696,430  

Total

    2,169,541       2,256,352  

Less: Accumulated depreciation

    (1,821,953 )     (1,788,779 )

Total Property and equipment, net

  $ 347,588     $ 467,573  

 

Depreciation expense, recorded within general and administrative expenses of continuing operations, was $127,354 and $210,081 for the years ended December 31, 2024, and 2023, respectively.

 

No impairment charges related to property and equipment held and used in continuing operations were incurred during the years ended December 31, 2024, and 2023.