PROPERTY AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

5. PROPERTY AND EQUIPMENT, NET

At March 31, 2019 and December 31, 2018 property and equipment consist of:

	March 31,			December 31,
	2019			2018
Cryptocurrency machines and related equipment	$	9,198,928		$	9,168,928
Computer, software and related equipment		2,476,156			2,495,470
Restaurant equipment		757,029			752,103
Office furniture and equipment		359,937			287,583
Leasehold improvements		1,304,302			1,274,865
		14,096,352			13,978,949
Accumulated depreciation and amortization		(5,491,046	)		(4,665,650	)
Property and equipment, net	$	8,605,306		$	9,313,299

For the three months ended March 31, 2019 and 2018, depreciation expense amounted to $799,023 and $115,147, respectively.