Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property and equipment consist of the following as of December 31, 2013 and 2012:



	December 31,
	2013			2012
Leasehold improvements	$	2,319,928		$	1,022,230
Lab and clean room equipment	2,025,263			1,887,645
Furniture and equipment	1,240,466			431,563
Construction in Progress	802,319			10,027
Property and equipment, gross	6,387,976			3,351,465
Less accumulated depreciation	(2,301,870		)	(2,279,840		)
Property and equipment, net	$	4,086,106		$	1,071,625

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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