6. Property and Equipment

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

6. Property and Equipment

Note 6 – Property and Equipment

Depreciation expense for the years ended December 31, 2015 and 2014 was $0 and $19,166, respectively. We recorded impairment expense of $4,505 during the year ended December 31, 2014.

For the year ended December 31, 2014, we determined the carrying value of our property and equipment was greater than their estimated fair value and recorded an impairment loss of $4,505. Fair value was estimated using discounted, estimated future cash flows, which were projected based on recent, actual results. The estimated future cash flows did not include the benefit of additional capital or acquisitions, as there can be no assurance that they will occur.