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

NOTE 5 – FIXED ASSETS, NET

 

Fixed assets, net consist of the following:

 

 

 

 

 

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Accounting system

 

$

301,096

 

 

$

301,096

 

Equipment

 

 

1,619,646

 

 

 

490,576

 

Furniture and fixtures

 

 

1,406,858

 

 

 

116,542

 

Computer hardware

 

 

80,211

 

 

 

80,211

 

Leasehold improvements

 

 

68,788

 

 

 

37,888

 

TOTAL FIXED ASSETS

 

 

3,476,599

 

 

 

1,026,313

 

Accumulated depreciation

 

 

(968,824

)

 

 

(553,630

)

TOTAL FIXED ASSETS, NET

 

$

2,507,775

 

 

$

472,683

 

 

Depreciation expense for the years ended December 31, 2019, 2018, and 2017 was $415,193, $181,412, and $141,601, respectively.