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SNT » Topics » Property and Equipment

These excerpts taken from the SNT 10-K filed Sep 26, 2008.

Property and Equipment

 

Property and equipment are stated at cost, less accumulated depreciation. Depreciation of property and equipment is provided for by the straight-line method over the estimated useful lives of the assets.

 

Property and Equipment



 



Property and equipment
are stated at cost, less accumulated depreciation. Depreciation of property and
equipment is provided for by the straight-line method over the estimated useful
lives of the assets.



 



This excerpt taken from the SNT 10-K filed Oct 29, 2007.

4.   PROPERTY AND EQUIPMENT:

 

Property and equipment, at cost, consists of the following at:

 

 

 

June 30,

 

Estimated

 

 

 

2007

 

2006

 

Useful Life

 

Company Web site

 

$

—

 

$

26,500

 

3 years

 

Equipment

 

32,953

 

38,872

 

4 years

 

Furniture and fixtures

 

67,674

 

67,674

 

7 years

 

 

 

100,627

 

133,046

 

 

 

Accumulated depreciation and amortization

 

(93,101

)

(122,728

)

 

 

 

 

$

7,526

 

$

10,318

 

 

 

 

Depreciation and amortization expense aggregated $4,971, $19,720, $27,636 and $162,581 for the years ended June 30, 2007, 2006, 2005, and cumulatively from inception through June 30, 2007, respectively.

 

This excerpt taken from the SNT 10-K filed Sep 28, 2007.

4.   PROPERTY AND EQUIPMENT:

 

Property and equipment, at cost, consists of the following at:

 

 

June 30,

 

Estimated

 

 

 

2007

 

2006

 

Useful Life

 

Company Web site

 

$

—

 

$

26,500

 

3 years

 

Equipment

 

32,953

 

38,872

 

4 years

 

Furniture and fixtures

 

67,674

 

67,674

 

7 years

 

 

 

100,627

 

133,046

 

 

 

Accumulated depreciation and amortization

 

(93,101

)

(122,728

)

 

 

 

 

$

7,526

 

$

10,318

 

 

 

 

Depreciation and amortization expense aggregated $4,971, $19,720, $27,636 and $162,581 for the years ended June 30, 2007, 2006, 2005, and cumulatively from inception through June 30, 2007, respectively.

 

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Sep 26, 2008
10-K
Oct 29, 2007
10-K
Sep 28, 2007

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