Annual report pursuant to Section 13 and 15(d)

3. Property and Equipment, Net

v3.20.1
3. Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
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 December 31, 2019 and 2018:

 

    December 31, 2019     December 31, 2018  
Furniture and Equipment   $ 19,419     $ 12,385  
Computer Equipment     144,643       138,883  
Leasehold Improvements     14,182        
Software     15,737       15,737  
Property and Equipment, Gross     193,981       167,005  
Less Accumulated Depreciation     (129,105 )     (91,371 )
Property and Equipment, Net   $ 64,876     $ 75,634  

 

During the years ended December 31, 2019 and December 31, 2018, the Company recorded depreciation expense of $37,734 and $40,659.