Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.7.0.1
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 9 - Property, Plant and Equipment

 

    Property, plant and equipment as of December 31, 2016 and 2015 are as follows:

 

    2016     2015  
             
Computer Equipment   $ 114,771     $ 100,405  
Computer Software     40,681       40,681  
Office Equipment     39,959       50,049  
Furniture & Fixtures     29,939       29,939  
Machinery & Equipment     1,126,134       1,112,060  
Molds & Dies     834,480       756,279  
Leasehold Improvements     222,593       222,593  
      2,408,557       2,312,006  
Less                
Accumulated Depreciation     2,149,165       2,060,861  
                 
    $ 259,392     $ 251,145  

 

    During the years ended December 31, 2016 and 2015 depreciation expense was $115,053 and $63,289.