Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v2.4.1.9
Property and Equipment
3 Months Ended
Mar. 31, 2015
Property and Equipment  
Property and Equipment

 

4.Property and Equipment

 

Property and equipment consist of the following:

 

 

 

March 31,
2015

 

December 31,
2014

 

 

 

(unaudited)

 

 

 

Furniture and equipment

 

$

880,114

 

$

873,824

 

Leasehold improvements

 

285,697

 

285,697

 

Processing equipment

 

1,194,712

 

1,194,712

 

Less: accumulated depreciation and amortization

 

(1,777,103

)

(1,735,205

)

Property and equipment

 

$

583,420

 

$

619,028