Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.7.0.1
Property and Equipment
 6 Months Ended
Jun. 30, 2017
Property and Equipment  
Property and Equipment

5.    Property and Equipment

 

Property and equipment consist of the following:

 

 

 

 

 

 

 

 

 

 

    

June 30,

    

December 31,

    

 

 

2017

 

2016

 

 

 

 

 

 

 

 

Furniture and equipment

 

$

1,500,139

 

$

1,270,173

 

Leasehold improvements

 

 

447,650

 

 

447,650

 

Processing equipment

 

 

1,714,481

 

 

1,577,561

 

Less: accumulated depreciation and amortization

 

 

(2,019,013)

 

 

(1,801,137)

 

Property and equipment, net

 

$

1,643,257

 

$

1,494,247