Property and Equipment

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Note 4. Property and Equipment

Property and equipment consisted of the following at:

	March 31, 2012	December 31, 2011
Computers and software	$       618,000	$       618,000
Machinery and equipment	947,000	892,000
Furniture and office equipment	98,000	98,000
Demonstration vehicles and buses	774,000	774,000
Leasehold improvements	1,348,000	1,348,000
Construction in process	-	39,000
	3,785,000	3,769,000
Less accumulated depreciation and amortization	(2,960,000)	(2,841,000)
Total	$       825,000	$       928,000

Depreciation and amortization expense was $119,000 and $124,000 for the three months ended March 30, 2012 and 2011, respectively, and within those total expenses, the amortization of leasehold improvements was $66,000 for the three months ended March 31, 2012 and 2011, respectively.