Property and Equipment
|12 Months Ended|
Dec. 31, 2015
|Property Plant And Equipment [Abstract]|
|Property and Equipment||
Property and Equipment consists of the following:
Depreciation expense was approximately $44,000 and $10,000 for the years ended December 31, 2015 and 2014, respectively. At December 31, 2015, construction in progress consists of purchased property and equipment not placed in service until the Company’s occupation of its new office space in January 2016 (See Note 6).
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef