PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

NOTE 2 – PROPERTY AND EQUIPMENT

Property and equipment includes the following:	December 31,						Estimated useful life (years)
	2013			2014
Computer Equipment	$	9,843		$	19,482			3-5
Equipment		30,292			30,292			2-10
Software		4,358			4,358			1-3
Furniture and Fixtures		17,548			17,548			3-10
Leasehold Improvements		6,230			6,230			Lesser of Lease or Useful Life
Total		68,271			77,910
Less Accumulated Depreciation		(58,851	)		(63,915	)
	$	9,420		$	13,995

Depreciation and amortization expense for the years ended December 31, 2013 and 2014 was $18,034 and $5,064, 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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