Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v2.4.0.8
Property and Equipment
3 Months Ended
Jun. 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:

 

 

June 30,

2013

December 31,

2012

 

(unaudited)

 

Computer equipment & software

$ 20,561

$ 14,285

Demo equipment

322,488

321,432

 

343,049

335,717

Accumulated depreciation

(45,616)

(19,360)

 

$ 297,433

$ 316,357

 

Depreciation expense was $13,223 and $26,256 for the three and six months ended June 30, 2013 and $715 and $775 for the three and six months ended June 30, 2012.