Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.19.2
Property and Equipment
6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 6 - Property and Equipment

 

Property and equipment, net, consists of the following:

 

    Useful Life   June 30, 2019     December 31, 2018  
Furniture and fixtures   5-7 years   $ 214,272     $ 149,285  
Computers and software   3-7 years     292,510       278,234  
Leasehold improvements   15 years     156,279       156,133  
          663,061       583,652  
Less accumulated depreciation         (403,852 )     (316,736 )
                     
Total       $ 259,209     $ 266,916  

 

Depreciation expense amounted to approximately $25,000 and $52,000, respectively, for the three and six months ended June 30, 2019. Depreciation expense amounted to approximately $25,000 and $49,000 respectively, for the three and six months ended June 30, 2018.