Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property and equipment, depreciation and amortization

Fixed Asset	Useful Life	December 31, 2012	December 31, 2011
Vehicles	5 years	300,370	300,370
Furniture and Fixtures	10 years	64,539	60,936
Computers	5 years	234,123	191,206
MFG Equipment	10 years	4,062,593	3,967,302
Lab Equipment	10 years	973,772	821,639
Building improvements	18 years (remainder of lease)	1,676,418	1,608,055
Building	40 years	571,141	571,141
Land	Not depreciated	380,000	380,000
Gross		8,262,956	7,900,649
Accumulated depreciation		-4,929,037	-4,558,202
Net		3,333,919	3,342,447

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References + Details