Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.19.3
Property and Equipment
 9 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

4. PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of September 30, 2019 and December 31, 2018.

 

    September 30, 2019     December 31, 2018  
    (Unaudited)        
Computers   $ 29,000     $ 28,000  
Furniture and fixture     64,000       56,000  
Machinery and equipment     51,000       24,000  
Leasehold improvement     729,000       -  
Total property and equipment     873,000       108,000  
Accumulated depreciation     (132,000 )     (97,000 )
Total property and equipment, net   $ 741,000     $ 11,000  

 

Depreciation expense amounted to $35,000 and $16,000 for nine months ended September 30, 2019 and 2018, respectively.