Note 3 - Property and Equipment

6 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

3. Property and Equipment

Property and equipment was:

	June 30, 2014		December 31, 2013
Equipment	$	303,700	$	1,243,500
Furniture		231,600		432,400
Leasehold improvements		167,600		147,500
		702,900		1,823,400
Less: accumulated depreciation and amortization		276,500		1,521,300
	$	426,400	$	302,100

Aggregate property and equipment depreciation and amortization expense was $35,700 during the three-month period ended June 30, 2014, and $89,000 during the six-month period ended June 30, 2014. During the six-month period ended June 30, 2014, we capitalized the following costs: equipment; $33,100, furniture; $12,600, and leasehold improvements; $167,600. During the six-month period ended June 30, 2014, we retired the following asset costs related to assets that were no longer in service as of June 30, 2014: equipment; $972,900, furniture; $213,400, and leasehold improvements; $147,500. All of the assets so retired were fully depreciated or amortized at the time of their respective retirement.