Quarterly report pursuant to Section 13 or 15(d)

3. Property and Equipment, Net

v3.8.0.1
3. Property and Equipment, Net
9 Months Ended
Sep. 30, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

The Company has property and equipment as follows as of September 30, 2017 and December 31, 2016:

 

    September 30, 2017     December 31, 2016  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     90,015       42,654  
Leasehold Improvements     176,903       176,903  
Software     15,737       15,737  
Property and Equipment, Gross     295,040       247,679  
Less Accumulated Depreciation     (208,745 )     (157,218 )
Property and Equipment, Net   $ 86,295     $ 90,461  

 

During the three months ended September 30, 2017 and 2016, the Company recorded depreciation expense of $17,661 and $16,574, respectively. During the nine months ended September 30, 2017 and 2016, the Company recorded depreciation expense of $51,527 and $49,637, respectively.