Property and Equipment, net

9 Months Ended

Sep. 30, 2011

3 - PROPERTY AND EQUIPMENT, NET

	September 30, 2011			December 31, 2010
Equipment and electronics	$	175,447		$	175,168
Furniture and fixtures		19,464			19,464
Leasehold improvements		12,313			12,313
		207,224			206,945
Less accumulated depreciation		(192,074	)		(185,369	)

Property and equipment, net	$	15,150		$	21,576

Depreciation expense for the nine months ended September 30, 2011 and September 30, 2010 was $6,705 and $9,442, respectively.

- Definition

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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