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5. Property and Equipment, net
9 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
5. Property and Equipment, net

 

Property and equipment, net consists of the following:

 

   September 30,
2019
   December 31,
2018
 
Office and computer equipment  $42,289   $42,289 
Leasehold improvements       26,841 
Furniture and fixtures   14,738    20,263 
Property and equipment – at cost   57,027    89,393 
Less accumulated depreciation   (55,437)   (84,437)
Property and equipment – net  $1,590   $4,956 

 

Depreciation expense was approximately $1,000 for the three months ended September 30, 2019 and 2018, respectively, and approximately $3,000 and $13,000 for the nine months ended September 30, 2019 and 2018, respectively.