Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.8.0.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 9 - Property, Plant and Equipment

 

Property, plant and equipment consists of the following:

 

    December 31,  
    2017     2016  
             
Computer Equipment   $ 114,771     $ 114,771  
Computer Software     40,681       40,681  
Office Equipment     39,959       39,959  
Furniture & Fixtures     38,356       29,939  
Machinery & Equipment     1,138,134       1,126,134  
Molds & Dies     868,570       834,480  
Leasehold Improvements     222,593       222,593  
      2,463,064       2,408,557  
Less                
 Accumulated Depreciation     2,227,951       2,149,165  
                 
    $ 235,113     $ 259,392  

 

Depreciation expenses totaled $78,786 and $115,054 for the years ended December 31, 2017 and 2016.