Quarterly report pursuant to Section 13 or 15(d)

5. Property and Equipment, Net

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5. Property and Equipment, Net
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

The Company has property and equipment as follows as of March 31, 2016 and December 31, 2015:

 

   3/31/2016   12/31/2015 
Furniture and Equipment  $12,385   $12,385 
Computer Equipment   36,810    36,810 
Leasehold Improvements   176,903    176,903 
Software   15,737    15,737 
Less Accumulated Depreciation   (107,522)   (90,887)
Property and Equipment, Net  $134,313   $150,948 

 

During the three months ended March 31, 2016 and 2015, the Company recorded depreciation expense of $16,635 and $11,869, respectively.