Annual report pursuant to Section 13 and 15(d)

Property And Equipment

v3.3.1.900
Property And Equipment
12 Months Ended
Dec. 31, 2015
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

5. Property and Equipment

 

Property and equipment as of December 31, 2015 and 2014 consisted of the following:

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

2015

 

2014

Furniture and equipment

    

$

34,918

    

$

34,918

Computers and software

 

 

61,133

 

 

41,150

Total property and equipment

 

 

96,051

 

 

76,068

Less accumulated depreciation

 

 

(60,835)

 

 

(37,328)

Property and equipment, net

 

$

35,216

 

$

38,740

 

Depreciation expense was $23,508 and $28,943 for the years ended December 31, 2015 and December 31, 2014, respectively.