Lease Obligations

12 Months Ended

Dec. 31, 2013

Leases [Abstract]

Leases of Lessee Disclosure [Text Block]

Note 5. Lease Obligations

Operating

The Company leases its facilities and certain office equipment under agreements classified as operating leases expiring at various dates through 2016. Rent expense, which includes various monthly rentals for the years ended December 31, 2013 and 2012 totaled $ 150,328 and $ 155,139, respectively. Future minimum lease payments at December 31, 2013 are as follows:

2014	$	70,117
2015		248
2016		207
Total minimum lease payments	$	70,572

Capital

The Company also leases certain equipment under capital leases. Future minimum lease payments, by year, with the present value of such payments, as of December 31, 2013 are shown in the following table.

2014	$	114,334
2015		73,536
2016		44,196
2017		19,524
2018		3,240
Total minimum lease payments		254,830
Less amount representing interest		18,081
Present value of minimum lease payments		236,749
Less current portion		104,010
Capital lease obligations, net of current portion	$	132,739

The equipment under capital lease at December 31 is included in the accompanying balance sheets as follows:

	2013		2012
Machinery and equipment	$	762,223	$	1,030,405
Less accumulated depreciation and amortization		292,868		331,209
Net book value	$	469,355	$	699,196

These assets are amortized over a period of ten years using the straight-line method and amortization is included in depreciation expense.

The capital leases are structured such that ownership of the leased asset reverts to the Company at the end of the lease term. Accordingly, leased assets are depreciated using the Company's normal depreciation methods and lives.  In 2013, ownership of certain assets were transferred to the Company in accordance with the terms of the leases and these assets have been excluded from the leased asset disclosure above.