XML 54 R12.htm IDEA: XBRL DOCUMENT v3.20.1
NOTE 6 – FIXED ASSETS, NET
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
NOTE 6 – FIXED ASSETS, NET

NOTE 6 – FIXED ASSETS, NET

 

Fixed assets, net consist of the following:

 

   March 31, 2020  December 31, 2019
Accounting system  $301,096   $301,096 
Equipment   1,640,900    1,619,646 
Furniture and fixtures   1,406,858    1,406,858 
Computer hardware   80,211    80,211 
Leasehold improvements   68,788    68,788 
TOTAL FIXED ASSETS   3,497,853    3,476,599 
Accumulated depreciation   (1,167,663)   (968,824)
TOTAL FIXED ASSETS, NET  $2,330,190   $2,507,775 

 

Depreciation expense for the three months ended March 31, 2020 and 2019 was $198,839, and $66,494, respectively.