Quarterly report pursuant to Section 13 or 15(d)

4. Property and Equipment, net

v3.20.1
4. Property and Equipment, net
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

4. Property and Equipment, net

 

Property and equipment, net consists of the following:

 

    March 31,
2020
  December 31,
2019
Office and computer equipment   $ 42,289     $ 42,289  
Furniture and fixtures     14,738       14,738  
Property and equipment – at cost     57,027       57,027  
Less accumulated depreciation     (56,861 )     (56,270 )
Property and equipment – net   $ 166     $ 757  

 

Depreciation expense was approximately $1,000 for the three months ended March 31, 2020 and 2019, respectively.