Post-effective amendment to a registration statement that is not immediately effective upon filing

3. Property and Equipment, Net

v3.8.0.1
3. Property and Equipment, Net
 3 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Property, Plant and Equipment [Abstract]    
Property and Equipment, Net

Note 3: Property and Equipment, Net

 

The Company has property and equipment as follows as of March 31, 2018 and December 31, 2017:

 

    March 31, 2018     December 31, 2017  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     119,570       117,256  
Leasehold Improvements     176,903       176,903  
Software     15,737       15,737  
Property and Equipment, Gross     324,595       322,281  
Less Accumulated Depreciation     (246,890 )     (227,615 )
Property and Equipment, Net   $ 77,705     $ 94,666  

 

During the three months ended March 31, 2018 and 2017, the Company recorded depreciation expense of $19,275 and $16,933, respectively.

Note 3: Property and Equipment, Net

 

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

 

    December 31, 2017     December 31, 2016  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     117,256       42,654  
Leasehold Improvements     176,903       176,903  
Software     15,737       15,737  
Property and Equipment, Gross     322,281       247,679  
Less Accumulated Depreciation     (227,615 )     (157,218 )
Property and Equipment, Net   $ 94,666     $ 90,461  

 

During the years ended December 31, 2017 and 2016, the Company recorded depreciation expense of $70,397 and $66,331, respectively.