Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.3.1.900
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Schedule of Property and Equipment

The major classes of property and equipment are as follows:  

 

 

 

Useful Life

 

2015

 

 

2014

 

Production machinery and equipment

 

5 years

 

$

1,427,472

 

 

$

1,446,551

 

Other machinery and equipment, primarily computers and

   research equipment

 

3 – 5 years

 

 

421,318

 

 

 

602,974

 

Furniture and fixtures

 

7 years

 

 

648,131

 

 

 

670,567

 

Software

 

3 years

 

 

476,530

 

 

 

476,530

 

Leasehold improvements*

 

Term of Lease

 

 

897,584

 

 

 

927,406

 

 

 

 

 

$

3,871,035

 

 

$

4,124,028

 

 

 

*

We amortize leasehold improvements over the term of the lease, which in all cases is shorter than the estimated useful life of the asset.