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Property and Equipment
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

 

Property and equipment was:

 

    March 31, 2017     December 31, 2016  
Equipment   $ 248,700     $ 258,700  
Furniture     190,600       190,600  
Leasehold improvements     167,600       167,600  
      606,900       616,900  
Less: accumulated depreciation and amortization     482,300       473,600  
    $ 124,600     $ 143,300  

 

Aggregate property and equipment depreciation and amortization expense was $18,100 and $25,800 during the three-month periods ended March 31, 2017 and 2016, respectively. During the three month period ended March 31, 2017, we disposed of an equipment at a loss of $600 that was originally purchased for $10,000.