Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

v3.19.2
PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 5 – PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following as of:

 

    Estimated Life   June 30,
2019
    December 31,
2018
 
                 
Office equipment   5 years   $ 5,481     $ 5,481  
Computer equipment   3 years     40,171       40,171  
Accumulated depreciation         (36,423 )     (30,122 )
        $ 9,229     $ 15,530  

 

Depreciation expense was $3,059 and $6,301, and $3,157 and $6,313 for the three and six months ended June 30, 2019 and 2018, respectively, and is classified in general and administrative expenses in the condensed consolidated Statements of Operations.