Property and Equipment
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property and Equipment

2. Property and Equipment

 

Property and equipment consist of the following:

 

             
    December 31,   December 31,
2014 2013
Machinery & Equipment   $ 2,780,346   $ 2,058,217
Furniture & Fixtures     1,032,218     1,019,082
Software     702,999     567,900
Leasehold improvements     3,084,740     492,408
      7,600,303     4,137,607
Less accumulated appreciation & amortization     1,914,506     588,622
Property and equipment, net   $ 5,685,797   $ 3,548,985

 

Depreciation expense for the year ended December 31, 2014 was $1,325,884 and $588,622 for the period April 20, 2013 through December 31, 2013. Depreciation expense for the Predecessor Company for the period February 1 through April 19, 2013 was $130,771.