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Accrued Expenses
 9 Months Ended
Sep. 30, 2012
Payables and Accruals [Abstract]  
Accrued Expenses

Note 7 — Accrued Expenses

  

Accrued expenses consisted of the following:

  

    September 30, 2012     December 31, 2011  
       
Accrued Wages and Related Costs   $ 29,159     $ 96,375  
Accrued Professional Services     71,893       79,500  
Accrued Warranty Obligations     146,488       118,611  
Other Accrued Expenses     -       11,354  
                 
Total   $ 247,540     $ 305,840  

  

The Company has warranty obligations in connection with the sale of certain of its products. The warranty period for its products is generally one year except in certain European countries where it is two years. The costs incurred to provide for these warranty obligations are estimated and recorded as an accrued liability at the time of sale. The Company estimates its future warranty costs based on product-based historical performance rates and related costs to repair. The changes in the Company’s accrued warranty obligations for the nine months ended September 30, 2012 was as follows:

 

    2012  
       
Accrued Warranty Obligations at December 31, 2011   $ 118,611  
Reductions for Settling Warranties     (103,201 )
Warranties Issued During Period     131,078  
         
Accrued Warranty Obligations at September 30, 2012   $ 146,488