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PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2013

	March 31, 2013			December 31, 2012

Leasehold improvements	$	15,141		$	15,141

Equipment		1,898,920			1,898,920

Furniture		5,333			5,333

Software		801,498			801,498

Total		2,720,892			2,720,892

Less accumulated depreciation and amortization		(2,657,375	)		(2,639,269	)

Net property and equipment	$	63,517		$	81,623

- 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.

+ References+ Details