Quarterly report pursuant to Section 13 or 15(d)

4. Property and Equipment, Net

v3.7.0.1
4. Property and Equipment, Net
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

The Company has property and equipment as follows as of March 31, 2017 and December 31, 2016:

 

    March 31, 2017     December 31, 2016  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     42,654       42,654  
Leasehold Improvements     176,903       176,903  
Software     15,737       15,737  
Property and Equipment, Gross     247,679       247,679  
Less Accumulated Depreciation     (174,151 )     (157,218 )
Property and Equipment, Net   $ 73,528     $ 90,461  

 

During the three months ended March 31, 2017 and 2016, the Company recorded depreciation expense of $16,933 and $16,635, respectively.