Quarterly report pursuant to Section 13 or 15(d)

3. Property and Equipment, Net

v3.10.0.1
3. Property and Equipment, Net
6 Months Ended
Jun. 30, 2018
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 June 30, 2018 and December 31, 2017:

 

    June 30, 2018     December 31, 2017  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     125,501       117,256  
Leasehold Improvements           176,903  
Software     16,547       15,737  
Property and Equipment, Gross     154,433       322,281  
Less Accumulated Depreciation     (74,409 )     (227,615 )
Property and Equipment, Net   $ 80,024     $ 94,666  

 

During the three months ended June 30, 2018 and 2017, the Company recorded depreciation expense of $4,601 and $16,933, respectively. During the six months ended June 30, 2018 and 2017, the Company recorded depreciation expense of $23,697 and $33,865, respectively.