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Property and Equipment
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

The following is a summary of property and equipment—at cost, less accumulated depreciation:

 

   March 31,
2018
   December 31,
2017
 
Building & Leasehold improvements   1,719,945    49,603 
Computer equipment   219,593    205,767 
Machinery, & equipment   148,748    156,656 
           
Total cost   2,088,286    412,026 
           
Less accumulated depreciation   (148,023)   (78,527)
           
Net property and equipment  $1,940,263   $333,499 

 

Depreciation expense for the three months ended March 31, 2018 and 2017 was approximately $45,000 and $20,000, respectively.