Property and Equipment

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment

3. Property and Equipment

Property and equipment was:

	September 30, 2015		December 31, 2014
Equipment	$	311,500	$	306,400
Furniture		233,900		233,900
Leasehold improvements		167,600		167,600
		713,000		707,900
Less: accumulated depreciation and amortization		435,700		345,400
	$	277,300	$	362,500

Aggregate property and equipment depreciation and amortization expense was $27,900 during the three-month period ended September 30, 2015 and $90,300 during the nine-month period ended September 30, 2015. During the nine-month period ended September 30, 2015, we capitalized: $5,100 for equipment.