Other Assets

12 Months Ended

Dec. 31, 2018

Other Assets [Abstract]

Other Assets

3. Other Assets

Furniture and fixtures consisted of the following:

	December 31,
	2018			2017
Computers	$	39,226		$	14,992
Accumulated Depreciation		(10,373	)		(4,832	)
	$	28,853		$	10,160

Depreciation expense for the years ended December 31, 2018 and 2017 was $7,557 and $2,816, respectively.

On February 17, 2016, the Company acquired Good Gaming’s assets including intellectual property, trademarks, software code, equipment and other from CMG Holdings Group, Inc. The Company valued the software purchased at $1,200,000. The software has a useful life of 5 years. Amortization for the years ended December 31, 2018 and 2017 was $300,000 and $240,000, respectively. During the 4^th Quarter of 2018, the Company assessed the useful life of the software and determined that remaining useful life was 1.25 years. As such, the Company prospectively is amortizing the Software through December 31, 2019. The software consisted of the following:

	December 31,
	2018			2017
Software	$	1,200,000		$	1,200,000
Accumulated Amortization		(750,000	)		(450,000	)
	$	450,000		$	750,000