Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.19.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 5: PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

Description   December 31, 2018     December 31, 2017  
             
Computer equipment   $ 88,615     $ 88,615  
Furniture and office equipment     136,955       136,955  
Leasehold improvements     37,899       37,899  
Tooling and molds     249,690       249,690  
Website design     9,850       9,850  
      523,009       523,009  
Less: accumulated depreciation     (298,813 )     (178,090 )
Property and Equipment, net   $ 224,196     $ 344,919  

 

Depreciation expense for the years ended December 31, 2018 and 2017, was $120,723 and $119,627, respectively.