Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.20.1
Property and Equipment (Tables)
3 Months Ended
Mar. 31, 2020
Property and Equipment  
Property and Equipment

 

 

 

 

 

 

 

 

 

 

March 31,

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

 

 

 

 

 

 

Accumulated

 

 

Net Carrying

 

 

 

 

 

Cost

 

 

Depreciation

 

 

Value

 

 

 

Useful Life

 

$

 

 

$

 

 

$

 

Computer hardware and software

 

3 years

 

 

444,944

 

 

 

300,082

 

 

 

144,862

 

Laboratory equipment

 

5 years

 

 

2,219,840

 

 

 

1,329,976

 

 

 

889,864

 

Office furniture and equipment

 

5 years

 

 

220,239

 

 

 

122,440

 

 

 

97,799

 

Buildings

 

30 years

 

 

1,445,535

 

 

 

148,546

 

 

 

1,296,989

 

Building improvements

 

5-15 years

 

 

706,929

 

 

 

127,167

 

 

 

579,762

 

Land

 

Not amortized

 

 

88,189

 

 

 

-

 

 

 

88,189

 

 

 

 

 

 

5,125,676

 

 

 

2,028,211

 

 

 

3,097,465

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

 

 

 

 

 

 

 

Accumulated

 

 

Net Carrying

 

 

 

 

 

Cost

 

 

Depreciation

 

 

Value

 

 

 

Useful Life

 

$

 

 

$

 

 

$

 

Computer hardware and software

 

3 years

 

 

426,461

 

 

 

280,554

 

 

 

145,907

 

Laboratory equipment

 

5 years

 

 

2,052,348

 

 

 

1,256,637

 

 

 

795,711

 

Office furniture and equipment

 

5 years

 

 

217,545

 

 

 

114,242

 

 

 

103,303

 

Buildings

 

30 years

 

 

1,472,211

 

 

 

139,021

 

 

 

1,333,190

 

Building improvements

 

5-15 years

 

 

630,824

 

 

 

117,526

 

 

 

513,298

 

Land

 

Not amortized

 

 

89,816

 

 

 

-

 

 

 

89,816

 

 

 

 

 

 

4,889,205

 

 

 

1,907,980

 

 

 

2,981,225