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Property And Equipment

6 Months Ended

Jun. 30, 2014

5. Property and Equipment

Property and equipment consist of the following:


	June 30,	December 31,
	2014	2013

Equipment	$ 8,184,140	$ 8,143,000
Equipment held for lease	303,412	303,412
Leasehold improvements	2,328,381	2,328,381
	10,815,933	10,774,793
Less: Accumulated depreciation	(9,827,701)	(9,590,204)
Net property and equipment	$ 988,232	$ 1,184,589

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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