Quarterly report pursuant to Section 13 or 15(d)

Property and equipment, net (Tables)

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Property and equipment, net (Tables)
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
Schedule of property, plant and equipment

Property and equipment, net, consisted of the following for the dates indicated:

 

    Useful Life     March 31,     December 31,  
Asset Class   (Years)     2016     2015  
                   
Demonstration equipment     5     $ 297,347     $ 297,347  
Shop equipment     5       170,329       58,638  
Lab equipment     5       172,097       51,508  
Computer equipment     3       93,999       71,519  
Leasehold improvements     5-7       1,380,309       1,086,351  
Office equipment     5       87,442       9,238  
Building under construction     25       9,924,415       5,681,435  
Equipment under construction     10       2,014,814       595,210  
Land     -       1,047,503       1,047,503  
              15,188,255       8,898,749  
Less: accumulated depreciation             (168,124 )     (90,362 )
                         
            $ 15,020,131     $ 8,808,387