Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net (Tables)

v2.4.0.8
Property and Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2014
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net, consists of the following as of:

 

    June 30, 2014     December 31,2013  
Research and development equipment   $ -     $ 686,673  
Leasehold improvements     -       153,161  
Information technology equipment     30,259       105,319  
Furniture and office equipment     10,161       78,678  
Software     -       9,386  
      40,420       1,033,217  
Less accumulated depreciation     (17,837 )     (1,007,176 )
Total property and equipment, net   $ 22,583     $ 26,041