Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.19.1
Property and Equipment, Net
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 4: PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

Description   March 31, 2019     December 31, 2018  
    (Unaudited)        
Computer equipment   $ 157,310     $ 88,615  
Furniture and office equipment     184,208       136,955  
Leasehold improvements     37,899       37,899  
Tooling and molds     249,690       249,690  
Website design     9,850       9,850  
      638,957       523,009  
Less: accumulated depreciation     (335,110 )     (298,813 )
Property and Equipment, net   $ 303,847     $ 224,196  

 

Depreciation expense for the three months ended March 31, 2019 and 2018, was $36,297 and $31,008, respectively.