Quarterly report pursuant to Section 13 or 15(d)

5. Property And Equipment, Net

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5. Property And Equipment, Net
6 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
Note 5. Property And Equipment, Net

Property and equipment at June 30, 2016 and December 31, 2015 are as follows:

 

    June 30     December 31  
    2016     2015  
             
Equipment & Installation   $ 1,517,514     $ 1,113,310  
Trucking Equipment     814,655       648,328  
Office Equipment     28,361       27,155  
Computer Equipment and Software     106,632       97,530  
Total Equipment     2,467,162       1,886,323  
                 
Less:  Accumulated Depreciation     (1,144,782 )     (956,887 )
Construction in Process     744,501       314,014  
    $ 2,066,881     $ 1,243,450  

 

The Company uses the straight-line method of depreciation over 3 to 5 years. During the quarters ended June 30, 2016 and 2015 depreciation expense charged to operations was $188,000 and $43,000, respectively.