Annual report pursuant to Section 13 and 15(d)

4. Property and Equipment

v3.8.0.1
4. Property and Equipment
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment
4. Property and Equipment

 

At December 31, 2017 and 2016, property and equipment consists of the following:

 

    December 31,  
    2017     2016  
             
Office equipment   $ 30,000     $ 28,000  
Furniture and fixtures     5,000       3,000  
Testing equipment     37,000       18,000  
Leasehold Improvements     25,000        
Subtotal     97,000       49,000  
Less accumulated depreciation     (51,000 )     (32,000 )
Total   $ 46,000     $ 17,000  

 

During the year ended December 31, 2016, the Company disposed of certain property and equipment with aggregate costs of $38,000 and accumulated depreciation of $35,000 which resulted in a loss of $3,000. Depreciation expense for the years ended December 31, 2017 and 2016 was $19,000 and $7,000, respectively.