Quarterly report pursuant to Section 13 or 15(d)

4. Property And Equipment, Net

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4. Property And Equipment, Net
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Note 4. Property And Equipment, Net

Property and equipment at March 31, 2017 and December 31, 2016 are as follows:

 

    March 31,     December 31,  
    2017     2016  
             
Equipment & Installation   $ 1,936,534     $ 1,823,594  
Trucking equipment     1,074,505       926,614  
Computer equipment and software     113,538       111,518  
Office equipment     27,155       27,155  
Total equipment      3,151,732       2,888,881  
                 
Less: accumulated depreciation     1,600,197       1,420,755  
Construction in process     1,387,420       1,101,228  
Property and equipment, net   $ 2,938,955     $ 2,569,354  

  

The Company uses the straight-line method of depreciation over 2 to 5 years. During the three months ended March 31, 2017 and 2016 depreciation expense charged to operations was $179,442 and $81,537, respectively.