Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

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Property and Equipment
9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 6 - Property and Equipment

 

Property and equipment, net, consists of the following:

 

    Useful Life   September 30, 2018     December 31, 2017  
Furniture and fixtures   5 years   $ 67,777     $ 67,777  
Computers and software   3 years     31,738       31,738  
Leasehold improvements   5 years     35,676       35,676  
          135,191       135,191  
Less accumulated depreciation         (68,640 )     (48,018 )
                     
Total       $ 66,551     $ 87,173  

 

Depreciation expense amounted to $6,728 and $20,622, respectively, for the three and nine months ended September 30, 2018. Depreciation expense amounted to $7,109 and $20,000, respectively, for the three and nine months ended September 30, 2017.