| Schedule of Fixed Assets |
The Company’s fixed assets include the
following on March 31, 2026:
| | |
Cost Basis | | |
Accumulated
Depreciation | | |
Net | |
| Computers | |
$ | 380,297 | | |
$ | (378,198 | ) | |
$ | 2,099 | |
| Lab Equipment | |
| 2,296,914 | | |
| (1,527,332 | ) | |
| 769,582 | |
| Office Furniture | |
| 53,750 | | |
| (25,796 | ) | |
| 27,954 | |
| Other Fixed Assets | |
| 148,605 | | |
| (144,092 | ) | |
| 4,513 | |
| Leasehold Improvements | |
| 90,779 | | |
| (84,464 | ) | |
| 6,315 | |
| Total Fixed Assets | |
$ | 2,970,345 | | |
$ | (2,159,882 | ) | |
$ | 810,463 | |
The Company’s fixed assets include the
following on December 31, 2025:
| | |
Cost Basis | | |
Accumulated
Depreciation | | |
Net | |
| Computers | |
$ | 381,157 | | |
$ | (378,646 | ) | |
$ | 2,511 | |
| Lab Equipment | |
| 2,297,049 | | |
| (1,468,647 | ) | |
| 828,402 | |
| Office Furniture | |
| 56,656 | | |
| (26,910 | ) | |
| 29,746 | |
| Other Fixed Assets | |
| 136,939 | | |
| (132,138 | ) | |
| 4,801 | |
| Leasehold Improvements | |
| 120,440 | | |
| (105,659 | ) | |
| 14,781 | |
| Total Fixed Assets | |
$ | 2,992,241 | | |
$ | (2,112,000 | ) | |
$ | 880,241 | |
|
| Schedule of Fixed Asset Activity |
Fixed asset activity for the three months ended
March 31, 2026 consisted of the following:
| | |
For the
three months
ended
March 31,
2026 | |
| As of December 31, 2025 | |
$ | 2,992,241 | |
| Purchases | |
| 10,379 | |
| Impairment | |
| (32,275 | ) |
| As of March 31, 2026 | |
$ | 2,970,345 | |
|