Property and Equipment

3 Months Ended

Mar. 31, 2015

5. Property and Equipment

At March 31, 2015 and December 31, 2014, property and equipment consisted of the following:


	March 31, 2015			December 31, 2014
	(Unaudited)
Machinery and equipment	$	1,045,216		$	1,023,143
Furniture and fixtures		56,558			56,558
Leasehold improvements		129,722			129,722
Software and website development		88,842			88,842
Computer hardware and software		148,885			148,885
		1,469,223			1,447,150
Less accumulated depreciation and amortization		(1,387,688	)		(1,389,259	)
	$	81,535		$	57,891

Depreciation and amortization expense of property and equipment for the three months ended March 31, 2015 and 2014 is $7,778 and $6,769, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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