Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

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Property and Equipment
 9 Months Ended
Sep. 30, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3 - Property and Equipment

 

Property and equipment, at cost, consist of the following:

               
    September 30,
2015		   December 31,
2014		  
Storage equipment   $ 2,205,243   $ 2,205,243  
Website and software     622,667     622,667  
Furniture and fixtures     23,861     23,861  
Computer hardware and software     91,687     91,687  
Data center equipment     960,784     946,341  
      3,904,242     3,889,799  
Less: Accumulated depreciation     3,509,696     3,188,418  
Net property and equipment   $ 394,546   $ 701,381  

 

Depreciation expense for the nine months ended September 30, 2015 and 2014 was $321,278 and $348,287, respectively.