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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 4 – PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following:

 

    December 31,     December 31,  
    2015     2014  
Computers and equipment   $ 88,047     $ 35,819  
Furniture and fixtures     69,168       54,016  
    $ 157,215     $ 89,835  
                 
Less: accumulated depreciation     119,440       68,253  
                 
Property and Equipment, net   $ 37,775     $ 21,582  

 

In May 2014, the Company acquired an office building, which was sold in December 2014 for $240,000. The Company recorded a loss on sale of the building of $71,616 in the accompanying consolidated statement of operations for the year ended December 31, 2014 (Note 15).