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, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

The Company’s property and equipment as of December 31, 2015 and 2014 consists of the following:

 

    2015     2014  
Development test equipment   $ 26,925     $ 45,752  
Computer software     55,677       55,677  
Leasehold improvements     2,675       2,675  
Office equipment     20,731       20,706  
Office fixtures and furniture     182,045       157,183  
Total     288,053       281,993  
Accumulated depreciation     (146,049 )     (150,243 )
Total property and equipment   $ 142,004     $ 131,750  

 

Depreciation expense included as a charge to income was $31,827 and $33,556 for the years ended December 31, 2015 and 2014, respectively.