Annual report pursuant to Section 13 and 15(d)

5. Property and Equipment, Net

v3.3.1.900
5. Property and Equipment, Net
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

The Company has property and equipment as follows as of December 31, 2015 and 2014:

 

    12/31/2015     12/31/2014  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     36,810       36,649  
Leasehold Improvements     176,903       99,778  
Software     15,737       15,737  
Less Accumulated Depreciation     (90,887 )     (132,129 )
Property and Equipment, Net   $ 150,948     $ 32,240  

 

During the year ended December 31, 2015 and 2014, the Company recorded depreciation expense of $64,458 and $50,484, respectively.