Tonix Pharmaceuticals Holding Corp. Annual report pursuant to section 13 and 15(d)

Annual report pursuant to section 13 and 15(d)

FURNITURE AND EQUIPMENT (Tables)

FURNITURE AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Furniture and equipment as of December 31, 2012 and 2011 is summarized as follows:

	2012			2011
Office furniture and equipment	$	78,535		$	42,862
Less: accumulated depreciation		(31,641	)		(17,312	)

	$	46,894		$	25,550

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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