Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.8.0.1
PROPERTY AND EQUIPMENT
3 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
3.
PROPERTY AND EQUIPMENT
 
At December 31, 2017 and September 30, 2017, property and equipment consisted of:
 
 
 
Estimated
Useful
Life
 
December 31,
2017
 
September 30,
2017
 
 
 
 
 
 
 
 
 
 
 
Computer equipment
 
3 years
 
$
8,686
 
$
8,686
 
 
 
 
 
 
 
 
 
 
 
Leasehold improvements
 
3 years
 
 
3,463
 
 
-
 
 
 
 
 
 
 
 
 
 
 
Furniture and fixtures
 
5 years
 
 
2,925
 
 
2,925
 
 
 
 
 
 
 
 
 
 
 
Lab equipment
 
5 years
 
 
1,000
 
 
1,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
16,074
 
 
12,611
 
 
 
 
 
 
 
 
 
 
 
Less – accumulated depreciation
 
 
 
 
6,147
 
 
5,423
 
 
 
 
 
 
 
 
 
 
 
Property and equipment, net
 
 
 
$
9,927
 
$
7,188
 
 
For the three months ended December 31, 2017 and 2016 depreciation expense recorded was $724 and $119, respectively.