ClearPoint Neuro, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Property and Equipment

Property and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment

4. Property and Equipment

Property and equipment consist of the following as of December 31:

	2016			2015
Equipment	$	1,165,076		$	1,119,295
Furniture and fixtures		112,143			112,143
Leasehold improvements		179,999			179,999
Computer equipment and software		150,304			135,129
Loaned systems		431,608			627,060
		2,039,130			2,173,626
Less accumulated depreciation and amortization		(1,710,881	)		(1,733,020	)
Total property and equipment, net	$	328,249		$	440,606

Depreciation and amortization expense related to property and equipment for the years ended December 31, 2016 and 2015 was $155,707 and $211,946, respectively. Loaned systems are ClearPoint systems that are in operation at customer sites on an evaluation basis.