Property and Equipment

6 Months Ended

Jun. 30, 2014

Property and Equipment [Abstract]

Property and Equipment

Note 3 - Property and Equipment

Property and equipment, at cost, consist of the following:

		June 30, 2014				December 31, 2013
Storage equipment		$	2,205,243			$	2,205,243
Website and software			622,667				622,667
Furniture and fixtures			22,837				23,861
Computer hardware and software			91,687				91,687
Data Center Equipment			947,365				916,070
			3,889,799				3,859,528
Less: Accumulated depreciation			2,961,440				2,728,547
Net property and equipment		$	928,359			$	1,130,981

Depreciation expense for the six months ended June 30, 2014 and 2013 was $232,895 and $274,419, respectively.

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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