Note 4 - Property and Equipment

9 Months Ended

Sep. 30, 2011

Property, Plant and Equipment Disclosure [Text Block]

Note 4. Property and Equipment

Property and equipment consisted of the following as of September 30, 2011 and December 31, 2010:

	September 30, 2011			December 31, 2010
Machinery and equipment	$	568,727		$	569,809
Website development costs		63,175			42,520
Furniture and fixtures		50,441			55,614
Leasehold improvements		43,993			43,993
		726,336			711,936
Less accumulated depreciation		(690,615	)		(667,758	)
Property and equipment, net	$	35,721		$	44,178

Aggregate depreciation expense for property and equipment for the three months ended September 30, 2011 and 2010 was $10,902 and $11,487, respectively, and was $31,781 and $35,975 for the nine months ended September 30, 2011 and 2010, respectively. During the first nine months of 2011, the Company disposed of certain fixed assets totaling $8,924, all of which were fully depreciated. There was no gain or loss associated with the disposal.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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