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Property and Equipment
3 Months Ended
Mar. 31, 2018
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

The following is a summary of property and equipment—at cost, less accumulated depreciation:

 

  March 31,
2018
  December 31,
2017
 
Building & Leasehold improvements  2,809,425   49,603 
Computer equipment  219,593   205,767 
Machinery, & equipment  148,748   156,656 
         
Total cost  3,177,766   412,026 
         
Less accumulated depreciation  (148,700)  (78,527)
         
Net property and equipment $3,029,066  $333,499 

 

Depreciation expense for the three months ended March 31, 2018 and 2017 was approximately $70,000 and $20,000, respectively.