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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 2 — Property and Equipment

 

    As of September 30,     As of December 31,     Estimated
    2016     2015     Useful Lives
    (unaudited)            
Operations and rental equipment   $ 620,694     $ 504,786     3 years
Tradeshow and demo equipment     574,166       397,325     3 years
Computer equipment     119,818       88,451     3 years
      1,314,678       990,562      
Less accumulated depreciation     (844,564 )     (669,863 )    
Property and Equipment, Net   $ 470,114     $ 320,699      

 

Depreciation expense was approximately $60,000 and $55,000 for the three months ended September 30, 2016 and 2015, respectively, and $181,000 and $175,000, for the nine months ended September 30, 2016 and 2015, respectively.