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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 2 — Property and Equipment

 

    As of September 30,     As of December 31,     Estimated  
    2017     2016     Useful Lives  
    (unaudited)                  
Operations and rental equipment   $ 730,095     $ 630,886       3 years  
Tradeshow and demo equipment     294,474       294,475       3 years  
Computer equipment     139,549       95,218       3 years  
      1,164,118       1,020,579          
Less accumulated depreciation     (747,985 )     (587,171 )        
Property and Equipment, Net   $ 416,133     $ 433,408          

 

Depreciation expense was approximately $79,000 and $60,000, for the three months ended September 30, 2017 and 2016, respectively, and approximately $223,000 and $181,000, for the nine months ended September 30, 2017 and 2016, respectively. Depreciation on asset disposal was approximately $44,000 for the three months ended September 30, 2017 and $62,000 for the nine months ended September 30, 2017.