NOTE A - SUMMARY OF ACCOUNTING POLICIES AND NATURE OF OPERATIONS: Property and Equipment (Policies)

12 Months Ended

Dec. 31, 2019

Policies

Property and Equipment

Property and Equipment    Property and equipment are stated at cost. Depreciation is computed primarily using the straight-line method over the estimated useful lives of the related assets as follows:   

Software	3 years
Computers and equipment	5 years
Furniture and fixtures	7 years
Leasehold improvements	Shorter of estimated life of improvement or the lease term

Property and equipment consist of the following at December 31: 

	2019	2018
Computers and equipment	$1,478,344	$1,559,528
Leasehold improvements	1,088,934	1,088,934
Software	153,767	58,041
Furniture and fixtures	41,084	41,084
	2,762,129	2,747,587
Less accumulated depreciation	(2,704,378)	(2,696,320)
	$57,751	$51,267