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Property and Equipment
6 Months Ended
Jun. 30, 2018
Property, Plant 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:

 

   June 30,
2018
   December 31,
2017
 
Building & Leasehold improvements   2,808,485    49,603 
Computer equipment   140,710    205,767 
Machinery, & equipment   294,473    156,656 
           
Total cost   3,243,668    412,026 
           
Less accumulated depreciation   (188,542)   (78,527)
           
Net property and equipment  $3,055,126   $333,499 

 

Depreciation expense for the six months ended June 30, 2018 and 2017 was approximately $130,000 and $30,000, respectively.