Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.23.1
Property and Equipment, net
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

 

6. Property and Equipment, net

 

Property and equipment, net consists of the following: 

           
    December 31,
2022
    December 31,
2021
 
Office and computer equipment   $     $ 35,505  
Furniture and fixtures           14,738  
Property and equipment – at cost           50,243  
Less accumulated depreciation           (50,243 )
Property and equipment, net   $     $  

 

There was no depreciation expense for the years ended December 31, 2022 and 2021, respectively. In October 2022, the Company retired its fully depreciated assets as a result of the relocation of its corporate office.