Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

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

 

    December 31,     December 31,  
    2016     2015  
Computer and test equipment   $ 198,684     $ 206,499  
Website development costs     39,870       39,870  
Furniture and fixtures     26,948       32,845  
Software     10,791       10,791  
Leasehold improvements     18,288       18,288  
      294,581       308,293  
Accumulated depreciation and amortization     (155,698 )     (75,229 )
    $ 138,883     $ 233,064  

 

Depreciation expense was $80,469 and $57,944 for the year ended December 31, 2016 and 2015, respectively.

 

For the year ended December 31, 2016, the Company recorded an impairment charge totaling $13,127 for assets that the Company no longer uses. The impairment charge is a component of general and administrative expenses on the consolidated statements of operations.