Annual report pursuant to Section 13 and 15(d)

Note 9 - Property and Equipment

v3.20.1
Note 9 - Property and Equipment
12 Months Ended
Dec. 31, 2019
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)
   
201
9
   
201
8
 
Production machinery and equipment
 
 
5
 
    $
575,091
    $
575,091
 
Other machinery and equipment, primarily computers and research equipment
 
 3
5
     
296,987
     
323,259
 
Furniture and fixtures
 
 
7
 
     
2,576
     
4,327
 
Purchased software
 
 
3
 
     
320,435
     
336,060
 
Leasehold improvements*
 
Term of Lease
     
12,448
     
12,448
 
Total property and equipment
 
 
 
 
    $
1,207,537
    $
1,251,185
 
 
 
*
We amortize leasehold improvements over the term of the lease, which in all cases is shorter than the estimated useful life of the asset.
 
During
2019
and
2018,
we recorded
$103,000
and
$121,000,
respectively, of depreciation and amortization related to property and equipment. See Note
1
(i).