Property and Equipment

12 Months Ended

Dec. 31, 2017

Property Plant And Equipment [Abstract]

Property and Equipment

Note 4. Property and Equipment

Property and equipment consisted of the following at December 31, 2017 and 2016:

	December 31, 2017			December 31, 2016
Computer equipment	$	-		$	29,290
Furniture and fixtures		5,047			6,347
Leasehold improvements		-			6,728
Office equipment		21,913			9,221
Software		-			34,252
		26,960			85,838
Less: accumulated depreciation		(10,065	)		(71,091	)
Property and equipment, net	$	16,895		$	14,747

During the year ended December 31, 2017, the Company sold fixed assets having a net book value of $607 for cash proceeds of $300, retired fixed assets no longer in use with a net book value of $3,058, and recorded $8,732 of insurance settlements proceeds for a fully depreciated fixed asset.  

Depreciation expense for the years ended December 31, 2017 and 2016 was $14,521 and $19,091, respectively.