Annual report pursuant to Section 13 and 15(d)

Note 4 - Property and Equipment

v2.4.1.9
Note 4 - Property and Equipment
 12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
Note 4:      Property and Equipment

Property and equipment consist of the following:

   
December 31,
   
December 31,
 
   
2014
   
2013
 
             
Office and computer equipment
  $ 209,575     $ 28,817  
Leasehold improvements
    665,961       -  
Software developed
    564,560       379,415  
      1,440,096       408,232  
Accumulated depreciation and amortization
    (305,644 )     (117,047 )
      1,134,452       291,185  
Assets in progress
    -       109,082  
    $ 1,134,452     $ 400,267  

Depreciation and amortization expense was $210,123 and $70,725 for the years ended December 31, 2014 and 2013, respectively.

 As of December 31, 2013, assets in progress include costs for signage, furniture and equipment related to our office relocation as well as software under development. These costs were transferred to the appropriate property and equipment category and commenced depreciation when the assets became ready for their intended use.