General form of registration statement for all companies including face-amount certificate companies

Property and Equipment, net

v2.4.0.6
Property and Equipment, net
12 Months Ended
Dec. 31, 2011
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
(3)  Property and Equipment, net
 
Property and equipment as of December 31, 2011 and 2010 consisted of the following components:
 
   
December 31,
 
   
2011
   
2010
 
Laboratory and manufacturing equipment
  $ 172,560     $ 172,560  
Office equipment
    137,093       134,451  
Leasehold improvements
    8,117       8,117  
PCT collaboration, demonstration and leased systems
    461,858       513,256  
Total property and equipment
    779,628       828,384  
Less accumulated depreciation
    (690,457 )     (635,607 )
Net book value
  $ 89,171     $ 192,777  
 
Depreciation expense for the years ended December 31, 2011 and 2010 was $92,683 and $148,799, respectively.