Property and Equipment

12 Months Ended

Dec. 31, 2012

Property and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

Property and equipment consists of the following:

	Estimated Useful lives	December 31, 2012			December 31, 2011
Machinery and equipment	5 years	$	682,000		$	660,000
Furniture, fixtures and leasehold improvements	3-5 years		88,000			81,000
Software	3-5 years		57,000			57,000
			827,000			798,000
Accumulated depreciation and amortization			(495,000	)		(328,000	)
Property and equipment, net		$	332,000		$	470,000

Depreciation of fixed assets utilized in research and development activities is included in research and development costs and expenses. All other depreciation is included in general and administrative expense. Depreciation and amortization expense was $167,000 and $140,000 for the years ended December 31, 2012 and 2011, respectively.