Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v2.4.0.8
Property and Equipment
3 Months Ended
Sep. 30, 2013
Notes  
Property and Equipment

3.  PROPERTY AND EQUIPMENT:

 

A summary of the cost of property and equipment, by component, and the related accumulated depreciation is as follows:

 

 

September 30,

2013

December 31,

2012

 

(unaudited)

 

Computer equipment & software

$ 20,561

$ 14,285

Demo equipment

426,336

321,432

 

446,897

335,717

Accumulated depreciation

(60,134)

(19,360)

 

$ 386,763

$ 316,357

 

Depreciation expense was $14,518 and $40,774 for the three and nine months ended September 30, 2013 and $4,675 and $5,450 for the three and nine months ended September 30, 2012.