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, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE E – PROPERTY AND EQUIPMENT

  

The Company’s property and equipment as of December 31, 2017 and 2016 consists of the following:

  

    2017     2016  
Development test equipment   $ 19,110     $ 19,110  
Computer software     76,134       76,134  
Office equipment     51,142       36,904  
Office fixtures and furniture     330,568       151,330  
Leasehold improvements     18,016       –  
Total     494,970       283,478  
Accumulated depreciation and amortization     (190,800 )     (139,571 )
Total property and equipment   $ 304,170     $ 143,907  

  

Depreciation and amortization expense included as a charge to income was $51,229 and $34,289 for the years ended December 31, 2017 and 2016, respectively.