Annual report pursuant to Section 13 and 15(d)

Note 9 - Property and Equipment

v3.8.0.1
Note 9 - Property and Equipment
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
9
.
Property and Equipment
 
The major classes of property and equipment are as follows:
 
 
   
Useful Life (in years)
   
2017
   
2016
 
Production machinery and equipment
   
 
5
 
    $
575,091
    $
810,996
 
Other machinery and equipment, primarily computers and research equipment
   
3
5
     
293,757
     
407,201
 
Furniture and fixtures
   
 
7
 
     
4,327
     
645,922
 
Purchased software
   
 
3
 
     
320,435
     
470,669
 
Leasehold improvements*
 
Term of Lease
     
12,448
     
897,584
 
Total property and equipment    
 
 
 
    $
1,206,058
    $
3,232,372
 
 
 
*
We amortize leasehold improvements over the term of the lease, which in all cases is shorter than the estimated useful life of the asset.
 
No
property or equipment was under capital lease at
December 31,
2017
and
2016.
During
2017,
2016
and
2015,
we recorded
$232,000,
$496,000
and
$562,000,
respectively, of depreciation and amortization related to property and equipment. See Note
1
(i).
 
Property and equipment, net of accumulated amortization, in the amount of
$70,973
as of
December 31, 2016
has been reclassified to noncurrent assets associated with discontinued operations. See Note
3.