Property and Equipment

12 Months Ended

Dec. 31, 2013

3. Property and Equipment. Property and equipment consists of the following at December 31:

Year ended December 31	2013			2012
Property and Equipment:
Production tooling, machinery and equipment	$	3,826,000		$	3,923,000
Office furniture and fixtures	260,000			260,000
Computer equipment and software	896,000			1,085,000
Web development	65,000			38,000
Leasehold improvements	616,000			616,000
Construction in-progress	34,000			25,000
	5,697,000			5,947,000
Accumulated depreciation and amortization	(3,944,000		)	(3,798,000		)
Net Property and Equipment	$	1,753,000		$	2,149,000

Depreciation expense for the years ended December 31, 2013 and 2012 was $658,000 and $748,000, respectively.

- Definition

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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