Property and Equipment

12 Months Ended

Dec. 31, 2013

Note 4 - Property and Equipment

Property and equipment consisted of the following:

	December 31,
	2013			2012

Leasehold improvements	$	758,126		$	758,126
Furniture and office equipment		234,018			234,018
Computer and other equipment		1,447,441			1,397,012
		2,439,585			2,389,156
Less accumulated depreciation		(2,053,517	)		(1,905,180	)
Property and equipment, net	$	386,068		$	483,976

Depreciation expense for the years ended December 31, 2013, 2012 and 2011 was $0.2 million, $0.3 million and $0.5 million, 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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