Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v2.4.0.8
Property and Equipment, Net
6 Months Ended
Jun. 30, 2013
Property, Plant and Equipment, Net [Abstract]  
Property and Equipment, Net
4.
Property and Equipment, Net
 
Property and equipment, net consisted of the following:
 
 
 
June 30,
 
December 31,
 
 
 
2013
 
2012
 
Machinery and equipment
 
$
814,936
 
$
814,936
 
Office furniture and fixtures
 
 
174,351
 
 
174,351
 
Computer equipment and software
 
 
65,704
 
 
62,365
 
Less accumulated depreciation
 
 
(275,518)
 
 
(173,534)
 
Net
 
$
779,473
 
$
878,118
 
 
 
 
 
 
 
 
 
Per balance sheet
 
 
779,473
 
 
878,118
 
Difference
 
 
 
 
 
 
Depreciation expense was $50,992 and $101,984 for the three and six months ended June, 2013 (Successor).
 
Depreciation expense was $11,929 and $40,271 for the three and six months ended June, 2012 (Predecessor).