Quarterly report pursuant to sections 13 or 15(d)

5. Property and Equipment, Net

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5. Property and Equipment, Net
3 Months Ended
Mar. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, and Equipment, Net

The Company has property and equipment as follows as of March 31, 2014 and December 31, 2013:

 

    3/31/2014     12/31/2013  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     32,493       32,493  
Leasehold Improvements     99,778       99,778  
Software     15,737       15,737  
Less Accumulated Depreciation     (94,115 )     (81,645 )
Property and Equipment, Net   $ 66,278     $ 78,748  

 

During the three months ended March 31, 2014 and 2013, the Company recorded depreciation expense of $12,470 and $2,595, respectively.