PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2013

6. PROPERTY AND EQUIPMENT

Property and equipment consists of the following at:

	March 31, 2014			December 31, 2013
Machinery and equipment	$	402,889		$	402,889
Computer hardware and software		102,882			100,245
Leasehold improvements		92,119			46,891
Furniture and fixtures		78,025			29,484
Leased Equipment		50,722			—
Vehicle		18,680			18,680
Office equipment		3,869			3,869
		749,186			602,058
Less accumulated depreciation and amortization		(511,820	)		(501,275	)
	$	237,366		$	100,783

Depreciation expense totaled approximately $19,000 for the three months ended March 31, 2014.

- 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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