Property and Equipment, Net

6 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

6. Property and Equipment, Net

Property and equipment consisted of the following as of June 30, 2014 and December 31, 2013:

	Estimated
	Useful
	Lives	2014		2013
Computers and equipment	3 years	$	12,539	$	12,539
Furniture	7 years		9,431		9,431
			21,970		21,970
Less accumulated depreciation			17,861		16,936
		$	4,109	$	5,034

Depreciation expense was $925 and $3,383 for the six months ended June 30, 2014, and the fiscal year ended December 31, 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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