NOTE A - SUMMARY OF ACCOUNTING POLICIES AND NATURE OF OPERATIONS: Property and Equipment (Policies)

12 Months Ended

Dec. 31, 2022

Policies

Property and Equipment

Property and Equipment

Property and equipment are stated at cost. Depreciation is computed primarily using the straight-line method over the estimated useful lives of the related assets as follow:

Software	3 years
Computers and equipment	5 years
Furniture and fixtures	7 years
Leasehold improvements	Shorter of estimated life of improvement or the lease term

Property and equipment consist of the following at December 31:

	2022	2021
Computers and equipment	$315,542	$312,870
Leasehold improvements	961,506	1,067,934
Software	-	-
Furniture and fixtures	33,929	33,929
	1,310,977	1,414,733
Less accumulated depreciation	(1,223,804)	(1,356,132)
	$87,173	$58,601

Depreciation expense for the years ended December 31, 2022 and 2021, was $15,741 and $10,213, respectively.