Ideal Power Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

Property and Equipment

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 5 – Property and Equipment

Property and equipment, net consisted of the following:

	March 31,		December 31,
	2015		2014
	unaudited
Machinery and equipment	$	304,354	$	263,142
Building leasehold improvements		154,805		48,280
Furniture, fixtures, software and computers		178,451		183,237
		637,610		494,659
Accumulated depreciation and amortization		(141,137)		(120,283)
	$	496,473	$	374,376

- Definition

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.

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