Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.23.1
PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

        March 31,     December 31,  
    Estimated Life   2023     2022  
                 
Office equipment   5 years   $ 29,041     $ 29,041  
Computer equipment   3 years     3,157       3,157  
Accumulated depreciation         (11,861 )     (10,146 )
        $ 20,337     $ 22,052  

 

Depreciation expense was $1,715 and $1,704 for the three months ended March 31, 2023 and 2022, respectively, and is classified in general and administrative expenses in the Consolidated Statements of Operations.