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Property and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 5 – Property and Equipment

 

Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following:

 

    December 31,
2019
    December 31,
2018
 
Computer Equipment   $ 239,940     $ 223,574  
Furniture and Fixtures     86,888       61,803  
Leasehold Improvements     -       25,446  
      326,828       310,823  
Less: Accumulated Depreciation     (284,465 )     (268,380 )
    $ 42,363     $ 42,443  

 

During the year ended December 31, 2019 the Company reclassified leasehold improvements to right of use asset in accordance with the adoption of ASU 2016-02. See Note 10.

 

Depreciation expense was $19,053 and $42,218 for the year ended December 31, 2019 and 2018, respectively.