Quarterly report pursuant to Section 13 or 15(d)

5. Property And Equipment, Net

v3.2.0.727
5. Property And Equipment, Net
6 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
Note 5. Property And Equipment, Net

Property and equipment at June 30, 2015 and December 31, 2014 are as follows: 

 

    June 30      December 31   
    2015     2014  
             
Equipment & Installation    $ 968,722     $ 787,918  
Trucking equipment      437,924       168,504  
Mixing Equipment      223,020       17,103  
Office equipment      23,941       23,941  
Computer equipment and software      93,081       88,898  
Total Equipment       1,746,688       1,086,364  
                 
Less: accumulated depreciation      874,034       831,034  
Property and equipment, net    $ 872,654     $ 255,330  

 

The Company uses the straight-line method of depreciation over 3 to 5 years. During the six months ended June 30, 2015 and 2014, depreciation expense charged to operations was $43,000 and $99,496, respectively.