Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.8.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment

  3. PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of December 31, 2017 and 2016.

 

    December 31, 2017     December 31, 2016  
             
Furniture and fixtures   $ 56,890     $ 56,890  
Office equipment     50,670       50,670  
                 
      107,560       107,560  
Less: accumulated depreciation     (77,006 )     (55,494 )
                 
    $ 30,554     $ 52,066  

 

Depreciation expense amounted to $21,512 and $21,301 for the year ended December 31, 2017 and 2016, respectively.