Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.3.1.900
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 8 - Property, Plant and Equipment

 

Property, plant and equipment as of December 31, 2015 and 2014 are as follows:

 

    2015     2014  
             
Computer Equipment   $ 100,405     $ 100,405  
Computer Software     40,681       30,736  
Office Equipment     50,049       50,049  
Furniture & Fixtures     29,939       29,939  
Machinery & Equipment     1,112,060       1,111,005  
Molds & Dies     756,279       654,327  
Leasehold Improvements     222,593       222,594  
      2,312,006       2,199,055  
Less                
 Accumulated Depreciation     2,060,861       1,997,572  
                 
    $ 251,145     $ 201,483  

 

During the years ended December 31, 2015 and 2014 depreciation expense was $63,289 and $90,826.