Quarterly report pursuant to Section 13 or 15(d)

3. Property and Equipment, Net

v3.19.1
3. Property and Equipment, Net
3 Months Ended
Mar. 31, 2019
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 March 31, 2019 and December 31, 2018: 

 

    March 31, 2019     December 31, 2018  
Furniture and Equipment   $ 13,873     $ 12,385  
Computer Equipment     138,883       138,883  
Leasehold Improvements     2,935        
Software     15,737       15,737  
Property and Equipment, Gross     171,428       167,005  
Less Accumulated Depreciation     (101,096 )     (91,371 )
Property and Equipment, Net   $ 70,332     $ 75,634  

 

During the three months ended March 31, 2019 and 2018, the Company recorded depreciation expense of $9,725 and $19,275, respectively.