Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment

v3.7.0.1
Property And Equipment
6 Months Ended
Jun. 30, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

 

    June 30,
2017
  December 31,
2016
      (Unaudited)          
Equipment   $ 130,000     $ 121,000  
Furniture & fixtures     114,000       116,000  
Leasehold improvements     107,000       381,000  
      351,000       618,000  
Less: accumulated depreciation and amortization     (193,000 )     (437,000 )
   Property and Equipment, Net   $ 158,000     $ 181,000  

 

Depreciation and amortization expense for the six months ended June 30, 2017 and 2016 was $23,000 and $39,000, respectively.