Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.3.1.900
Property and Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3 - Property and Equipment

 

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

 

    December 31,  
    2015     2014  
Storage equipment   $ 2,075,639     $ 2,205,243  
Website and software     533,418       622,667  
Furniture and fixtures     14,037       23,861  
Computer hardware and software     86,184       91,687  
Data center equipment     666,680       946,341  
      3,375,958       3,889,799  
Less: Accumulated depreciation     3,064,492       3,188,418  
Net property and equipment   $ 311,466     $ 701,381  

 

Depreciation expense for the years ended December 31, 2015 and 2014 was $405,655 and $459,871, respectively.