Tooling and Equipment, Net

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment, Net [Abstract]

Note 3 — Tooling and Equipment, Net

Tooling and equipment consisted of the following:

	December 31, 2014		December 31, 2013

Tooling and Manufacturing Equipment	$	1,374,751	$	1,748,006
Computers and Software		581,472		645,429
Furniture and Equipment		607,327		749,233

	$	2,563,550	$	3,142,668
Less: Accumulated Depreciation		(2,146,585)		(2,696,339)

Net	$	416,965	$	446,329

Total depreciation expense for tooling and equipment for the years ending December 31, 2014 and 2013 was $225,267 and $322,861, 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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