Annual report pursuant to Section 13 and 15(d)

Property and Equipment

Property and Equipment

12 Months Ended

Dec. 31, 2014

6. Property and Equipment

Property and Equipment is as follows:

	December 31,
	2014		2013
Computer hardware	$	370,442	$	74,462
Furniture and fixtures		311,487		28,076
Leasehold improvements		281,638		18,171
		963,567		120,709
Less: Accumulated depreciation		88,798		65,928
	$	874,769	$	54,781

Depreciation expense for the years ended December 31, 2014 and 2013 was $26,520 and $16,461 respectively, and is recorded in depreciation and amortization expense in the accompanying statements of comprehensive loss.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details