Annual report pursuant to Section 13 and 15(d)

4. Property and Equipment, Net

v3.7.0.1
4. Property and Equipment, Net
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

The Company has property and equipment as follows as of December 31, 2016, and 2015:

 

    December 31. 2016     December 31, 2015  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     42,654       36,810  
Leasehold Improvements     176,903       176,903  
Software     15,737       15,737  
Property and Equipment, Gross     247,679       241,835  
Less Accumulated Depreciation     (157,218 )     (90,887 )
Property and Equipment, Net   $ 90,461     $ 150,948  

 

During the years ended December 31, 2016 and 2015, the Company recorded depreciation expense of $66,331 and $64,458, respectively.