Annual report pursuant to Section 13 and 15(d)

Note 4 - Property and Equipment

v3.3.1.900
Note 4 - Property and Equipment
 12 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
Note 4:      Property and Equipment
 
Property and equipment consist of the following:
 
    December 31,
2015		   December 31,
2014
         
Office and computer equipment   $ 963,299     $ 209,575  
Leasehold improvements     4,672,582       665,961  
Software developed     691,827       564,560  
Gross property and equipment     6,327,708       1,440,096  
Accumulated depreciation     (1,098,438 )     (305,644 )
      5,229,270       1,134,452  
Construction in progress     1,909,476       -  
Property and equipment, net   $ 7,138,746     $ 1,134,452  
 
Depreciation expense was $792,794 and $210,123 for the years ended December 31, 2015 and 2014, respectively.
 
Construction in progress relates to the ongoing development of company-owned or managed clinics, which are not yet placed in service.