Annual report pursuant to Section 13 and 15(d)

3. Property and Equipment, Net

v3.21.1
3. Property and Equipment, Net
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 3: Property and Equipment, Net

 

The Company has property and equipment as follows as of December 31, 2020 and 2019:

 

Property and Equipment, Net

 

    December 31, 2020     December 31, 2019  
Furniture and Equipment   $ 19,419     $ 19,419  
Computer Equipment     168,122       144,643  
Leasehold Improvements     14,182       14,182  
Software     68,152       15,737  
Property and Equipment, Gross     269,875       193,981  
Less Accumulated Depreciation     (174,047 )     (129,105 )
Property and Equipment, Net   $ 95,828     $ 64,876  

  

During the years ended December 31, 2020 and December 31, 2019, the Company recorded depreciation expense of $44,942 and $37,734.