Property and Equipment

6 Months Ended

Jun. 30, 2016

Property and Equipment [Text Block]

4. Property and Equipment

The following is a breakdown of our property and equipment:

		June 30,			December 31,
		2016			2015
Furniture and office equipment	$	919,685		$	910,420
Leasehold improvements		190,722			190,722
Total property and equipment		1,110,407			1,101,142
Less: accumulated depreciation		(1,016,818	)		(946,708	)
Property and Equipment, net	$	93,589		$	154,434

We recorded depreciation expense of approximately $34,000 and $68,000 for the three and six months ended June 30, 2016 and $49,000 and $100,000 for the three and six months ended June 30, 2015 respectively.