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Equipment and property (Tables)
12 Months Ended
Dec. 31, 2014
PLANT AND EQUIPMENT.  
Equipment and property

 

Plant and Equipment consisted of the following as of December 31, 2014 and December 31, 2013:

 

 

 

December 31, 2014

 

 

December 31, 2013

 

 

 

 

 

 

 

 

Capital work in progress

 

$

18,482

 

 

$

105,000

 

Plasma pulse tool

 

 

310,374

 

 

 

-

 

Furniture and equipment

 

 

26,643

 

 

 

26,643

 

Field equipment

 

 

19,627

 

 

 

16,120

 

Computer equipment

 

 

1,500

 

 

 

3,041

 

Total cost

 

 

376,626

 

 

 

150,804

 

Less: accumulated depreciation

 

 

(57,052

)

 

 

(28,423

)

Property and equipment, net

 

$

319,574

 

 

$

122,381

 

  

Depreciation expense was $30,170 and $28,423 for the years ended December 31, 2014 and 2013, respectively.