Property and Equipment

12 Months Ended

Dec. 31, 2014

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

Property and Equipment:	2014			2013
Production tooling, machinery and equipment	$	3,976,000		$	3,826,000
Office furniture and fixtures	260,000			260,000
Computer equipment and software	1,065,000			896,000
Web site	40,000			65,000
Leasehold improvements	616,000			616,000
Construction in-progress	35,000			34,000
	5,992,000			5,697,000
Accumulated depreciation and amortization	(4,525,000		)	(3,944,000		)
Net Property and Equipment	$	1,467,000		$	1,753,000

Depreciation expense for the years ended December 31, 2014 and 2013 was $702,000 and $658,000, 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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