FURNITURE AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 5: FURNITURE AND EQUIPMENT

Furniture and equipment consisted of the following:

	December 31,		December 31,
	2014		2013
Machinery and equipment	$	522,813	$	168,532
Leasehold improvements		93,665		93,665
Capitalized new product development cost		-		15,000
Furniture and equipment		616,478		277,197
Less: accumulated depreciation		(258,946)		(114,050)
Total furniture and equipment, net	$	357,532	$	163,147

As of December 31, 2014, assets under capital lease of $206,702 are included in machinery and equipment. Depreciation expense for the years ended December 31, 2014 and 2013 was $144,896 and $82,970, 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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