Quarterly report pursuant to Section 13 or 15(d)

NOTE 3. FIXED ASSETS

v2.4.0.8
NOTE 3. FIXED ASSETS
 9 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
NOTE 3. FIXED ASSETS

Fixed asset values recorded at cost are as follows:                                                                                     

 

                (unaudited)  
    December 31,     December 31,     September 30,  
    2011     2012     2013  
                   
Automobile   $ 33,383     $ -     $ -  
Office and Lab Equipment     31,896       31,616       32,127  
Furniture & fixtures     11,596       11,556       11,556  
      76,875       43,172       43,683  
                         
Less accumulated depreciation     (75,743 )     (41,676 )     (42,258 )
                         
Total   $ 1,132     $ 1,496     $ 1,425  

 

Depreciation expense for the nine months ended Septemer 30, 2013 and September 30, 2012 was $582 and $303, respectively.