Property and Equipment

3 Months Ended

Mar. 31, 2015

4 — Property and Equipment

Property and equipment consist of:

	March 31, 2015			December 31, 2014
	(unaudited)
Computer software and hardware	$	315,272		$	303,076
Furniture and fixtures	198,253			198,253
Leasehold improvements	185,440			182,105
Machinery and equipment	909,490			849,852
Tooling in-process	7,440			42,315
	1,615,895			1,575,601
Accumulated depreciation	(822,556		)	(780,766		)
Total	$	793,339		$	794,835

Depreciation and amortization expense of property and equipment was $41,790 and $11,214 for the three months ended March 31, 2015 and 2014, respectively.

- 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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