Annual report pursuant to Section 13 and 15(d)

E. PROPERTY AND EQUIPMENT

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E. PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

 

The Company’s property and equipment as of December 31, 2016 and 2015 consists of the following:

 

    2016     2015  
Development test equipment   $ 19,110     $ 19,110  
Computer software     76,134       55,677  
Office equipment     36,904       20,731  
Office fixtures and furniture     151,330       151,330  
Total     283,478       246,848  
Accumulated depreciation     (139,571 )     (105,281 )
Total property and equipment   $ 143,907     $ 141,567  

  

Depreciation expense included as a charge to income was $34,289 and $29,223 for the years ended December 31, 2016 and 2015, respectively.