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Property and Equipment

12 Months Ended

Dec. 31, 2012

Property and Equipment [Abstract]

Property and Equipment

4. Property and Equipment

Property and equipment consisted of the following at December 31:


		Estimated
		Useful Life				2012				2011
Land			N/A			$	2,899,962			$	2,899,962
Building			39 years				13,862,194				13,998,874
Production equipment			3-7 years				18,180,517				17,338,392
Computer equipment			3-5 years				7,480,592				8,482,545
Furniture and office equipment			5-7 years				3,358,778				3,076,331
Vehicles			5 years				270,223				313,325
Website development costs			3 years				600,949				600,949
Capitalized software development costs			3 years				3,670,122				3,806,547
Construction-in-process			N/A				521,988				797,306

Total cost							50,845,325				51,314,231
Less: Accumulated depreciation							(28,893,124	)			(24,469,011	)

Property and equipment, net						$	21,952,201			$	26,845,220

During the years ended December 31, 2012, 2011 and 2010, the Company recognized $0.2 million, $2.8 million and $0.1 million in the write/down and disposal of property and equipment, net. The 2011 amount consisted of the following: (i) $1.4 million for tooling relative to the first generation AXON equipment, which is discussed further above; (ii) $0.8 million relative to the decision to dispose of surplus equipment and billing software for EVIDENCE.COM operations; and (iii) $0.6 million for tooling relative to the TASER X3.

Also in 2011, the Company recognized an impairment charge of $1.4 million following the Company’s determination to abandon the Protector product line, of which $0.7 million related to property and equipment. The write-off of the Protector product line is included in the Loss on impairment line item in the accompanying consolidated statement of operations for the year ended December 31, 2012.

Depreciation and amortization expense relative to property and equipment, including equipment under capital lease, was $6.3 million, $7.5 million and $6.8 for the years ended December 31, 2012, 2011 and 2010, respectively, of which $4.7 million, $5.2 million and $4.3 million is included in cost of products sold and services provided for the respective years.

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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