Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.20.1
Property and Equipment
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

 

Property and Equipment is as follows:

 

    December 31,  
    2019     2018  
Computer hardware   $ 100,116     $ 102,040  
Furniture and fixtures     24,425       24,425  
Leasehold improvements     111,076       111,076  
      235,617       237,541  
Less: Accumulated depreciation     (214,429 )     (181,808 )
    $ 21,188     $ 55,733  
                 
Assets abandoned or disposed   $ 1,385       51,804  

 

Depreciation expense for the years ended December 31, 2019 and 2018 was $33,711 and $74,150, respectively, and is recorded in depreciation and amortization expense in the accompanying consolidated statements of operations.