Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.21.2
Property and Equipment (Tables)
3 Months Ended
Jun. 30, 2021
Property and Equipment  
Schedule of property and equipment

 

 

 June 30,

 

 

 March 31,

 

 

 

2021

 

 

2021

 

 

 

 

 

 

 

 

Laboratory equipment

 

$ 1,007,000

 

 

$ 1,003,800

 

Tenant improvements

 

 

214,400

 

 

 

214,400

 

Office furniture and equipment

 

 

92,100

 

 

 

92,100

 

Manufacturing equipment

 

 

211,200

 

 

 

211,200

 

Construction in progress

 

 

146,700

 

 

 

-

 

 

 

 

1,671,400

 

 

 

1,521,500

 

 

 

 

 

 

 

 

 

 

Accumulated depreciation and amortization

 

 

(1,188,600 )

 

 

(1,154,100 )

 

 

 

 

 

 

 

 

 

Property and equipment, net

 

$ 482,800

 

 

$ 367,400

 

Assets subject to financing lease

 

 

June 30,

 

 

March 31,

 

 

 

2021

 

 

2021

 

 

 

 

 

 

 

 

Office equipment subject to financing lease

 

$ 14,700

 

 

$ 14,700

 

Accumulated depreciation

 

 

(13,100 )

 

 

(12,400 )

 

 

 

 

 

 

 

 

 

Net book value of office equipment subject to

 

 

 

 

 

 

 

 

   financing lease

 

$ 1,600

 

 

$ 2,300