Note 3 - Property and Equipment

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note

3.

Property and Equipment

Property and equipment consisted of the following at

December

31:

	2016			2015
Software	$	3,692,474		$	3,549,968
Equipment		812,049			799,005
Furniture and fixtures		214,450			214,450
Leasehold improvements		25,353			25,353
Total property and equipment		4,744,326			4,588,776
Less: accumulated depreciation		(2,249,816	)		(1,511,355	)
Net property and equipment	$	2,494,510		$	3,077,421

The estimated useful life for

$2,585,385

of software acquired from Akimbo was changed from

10

years to

5

years in the

4

th

quarter of

2015.

As a result,

2016

included a full year of depreciation at the higher depreciation rate as compared to

one

quarter of

2015

at the higher depreciation rate.