Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment Net (Tables)

v2.4.0.6
Property and Equipment Net (Tables)
12 Months Ended
Dec. 31, 2012
Property and Equipment, Net [Abstract]  
Summary of Property and equipment
                     
    2012     2011     Estimated
Useful
Lives in
Years
       

Equipment

  $ 11,462,582     $ 8,872,722     3-7

Leasehold improvements

    1,906,785       760,111     2-5

Furniture & fixtures

    709,574       512,996     7

Computer hardware

    1,926,329       1,495,513     3

Computer software

    2,547,215       1,308,976     2-3

Assets not yet placed in service

    343,769       344,394     —  
   

 

 

   

 

 

     

Subtotal

    18,896,254       13,294,712      

Less accumulated depreciation and amortization

    (10,289,435     (6,652,983    
   

 

 

   

 

 

     
       

Property and equipment, net

  $ 8,606,819     $ 6,641,729      
   

 

 

   

 

 

     
Property and equipment under capital leases
                 
    2012     2011  

Equipment

  $ 6,373,575     $ 5,421,526  

Furniture & fixtures

    211,797       191,053  

Computer hardware

    1,221,753       1,024,969  

Computer software

    131,894       227,831  

Leasehold Improvements

    134,327       233,386  

Assets not yet placed in service

    —         —    
   

 

 

   

 

 

 

Subtotal

    8,073,346       7,098,765  

Less accumulated depreciation and amortization

    (3,910,450     (2,618,075
   

 

 

   

 

 

 
     

Property and equipment under capital leases, net

  $ 4,162,896     $ 4,480,690