Annual report pursuant to Section 13 and 15(d)

5. Property And Equipment, Net

v2.4.1.9
5. Property And Equipment, Net
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Note 5. Property And Equipment, Net

Property and equipment at December 31, 2014 and 2013 are as follows:

 

    December 31     December 31  
    2014     2013  
             
Equipment & Installation   $ 787,918     $ 717,918  
Trucking equipment     168,504       -  
Mixing Equipment     17,103       -  
Office equipment     23,941       23,941  
Computer equipment and software     88,898       11,985  
Total Equipment      1,086,364       753,844  
                 
Less: accumulated depreciation     831,034       580,772  
Property and equipment, net   $ 255,330     $ 173,072  

 

The Company uses the straight-line method of depreciation over 3 to 5 years. During the years ended December 31, 2014 and 2013, depreciation expense charged to operations was $250,262 and $170,512, respectively.