Property, Plant and Equipment

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

6. Property, Plant and Equipment

Property, plant and equipment are stated at cost less accumulated depreciation and amortization and depreciated using the straight-line method over their useful lives. At June 30, 2019 and December 31, 2018, the Company’s property, plant and equipment, net consisted of the following:

	June 30, 2019			December 31, 2018
Computer equipment and software	$	39,193		$	39,193
Furniture and other equipment		63,479			63,479
Property, plant and equipment		102,672			102,672
Less: accumulated depreciation		(37,636	)		(31,335	)
Property, plant and equipment, net	$	65,036		$	71,337

Depreciation expense for the six months ended June 30, 2019 and 2018 amounted to $6,301 and $1,879, respectively.