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PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 3 – PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following as of June 30, 2017 and December 31, 2016:

 

    2017     2016  
Computers and equipment   $ 197,491     $ 192,928  
Equipment under capital lease (see note 12)     163,407        
Furniture and fixtures     109,200       109,200  
      470,098     $ 302,128  
Less Accumulated depreciation     218,735       186,446  
Property and equipment, net   $ 251,363     $ 115,682  

 

Depreciation expense totaled $35,920 and $24,029 for the Six Months ended June 30, 2017 and 2016, respectively.

 

See Note 11 for equipment amounting to $163,407 acquired pursuant to a capital lease.