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Property And Equipment (Tables)
12 Months Ended
Dec. 31, 2017
PROPERTY AND EQUIPMENT  
Schedule of major classes of property and equipment, stated at cost

 

 

 

 

 

 

 

 

 

 

2017

    

2016

 

Leasehold Improvements

 

$

824,087

 

$

728,151

 

Machinery and Equipment

 

 

7,893,566

 

 

7,169,223

 

Information Technology & Office Equipment

 

 

2,327,524

 

 

2,293,587

 

Laboratory Equipment

 

 

631,666

 

 

610,767

 

Transportation Equipment

 

 

242,277

 

 

265,198

 

 

 

 

11,919,120

 

 

11,066,926

 

Accumulated Depreciation

 

 

(9,370,142)

 

 

(9,675,351)

 

Net Property and Equipment

 

$

2,548,978

 

$

1,391,575

 

 

Summary of depreciation expense

 

 

 

 

 

 

 

 

 

 

 

 

    

2017

    

2016

    

2015

 

Depreciation expense

 

$

514,009

 

$

601,093

 

$

655,265