Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
PROPERTY AND EQUIPMENT

Property and equipment, net, consists of the following: 

 

  Useful Life   June 30, 2017           December 31, 2016
Furniture and fixtures 5 years   $   65,987               $   65,987
Computers and software 3 years   27,309           19,928
Leasehold improvements 5 years   35,673           32,593
      128,969           118,508
Less accumulated depreciation     (33,810)           (20,918)
                   
Total     $   95,159         $   97,590

  

Depreciation expense amounted to $6,671 and $12,892, respectively, for the three and six months ended June 30, 2017. Depreciation and amortization expense, excluding depreciation and amortization from Streamline, amounted to $2,046 and $4,009, respectively, for the three and six months ended June 30, 2016.