Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

SCHEDULE OF PROPERTY AND EQUIPMENT

 

                     
    Estimated Life   September 30, 2023     December 31, 2022  
                 
Office equipment   5 years   $ 30,410     $ 29,041  
Computer equipment   3 years     3,157       3,157  
Accumulated depreciation         (15,292 )     (10,146 )
Property and equipment, net       $ 16,906     $ 22,052  

 

 

Depreciation expense was $1,716 and $5,146, and $1,716 and $5,139 for the three and nine months ended September 30, 2023 and 2022, respectively, and is classified in general and administrative expenses in the Consolidated Statements of Operations.