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Property and Equipment
12 Months Ended
Dec. 31, 2016
Property and Equipment  
Property and Equipment

(5) Property and Equipment

 

Property and equipment consisted of the following as of December 31, 2016 and 2015:

 

 

 

 

 

 

 

 

 

 

 

 

    

Estimated

    

 

 

    

 

 

 

 

 

useful life

 

December 31,

 

December 31,

 

 

 

(in years)

 

2016

 

2015

 

Equipment

 

2-5

 

$

85,417

 

$

139,526

 

Computer equipment

 

3-5

 

 

27,111

 

 

23,632

 

Furniture and fixtures

 

 5

 

 

99,731

 

 

94,118

 

Total cost

 

 

 

 

212,259

 

 

257,276

 

Less accumulated depreciation

 

 

 

 

(68,877)

 

 

(29,630)

 

Property and equipment, net

 

 

 

$

143,382

 

$

227,646

 

 

Depreciation expense was $75,301, $26,027 and $27,063 for the years ended December 31, 2016,  2015 and 2014 respectively.