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Fixed Assets
6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Fixed Assets

NOTE 5: FIXED ASSETS

 

The Company’s property and equipment is as follows:

 

   

June 30, 2020

(unaudited)

    December 31, 2019     Estimated Life
                 
Property and equipment – TRAQ Pvt Ltd.   $ 616,107     $ 650,621     3 - 10 years
Less: accumulated depreciation     (576,059 )     (601,940 )    
                     
Net   $ 40,048     $ 48,681      

 

Depreciation expense for the six months ended June 30, 2020 and 2019 was $8,186 and $2,641, respectively.