Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
PROPERTY AND EQUIPMENT

Property and equipment, net, consists of the following:

 

    Useful Life    

March 31,

2017

   

December 31,

2016

 
Furniture and fixtures     5 years     $ 65,987     $ 65,987  
Computers and software     3 years       19,928       19,928  
Leasehold improvements     5 years       35,673       32,593  
              121,588       118,508  
Less accumulated depreciation             (27,139 )     (20,918 )
                         
Total           $ 94,449     $ 97,590  

 

Depreciation and amortization expense, excluding depreciation and amortization from Streamline, amounted to $6,221 and $1,963 for the three months ended March 31, 2017 and 2016, respectively.